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AUD/USD: What Do the "Australian Non-Farms" Indicate?
The released report on the Australian
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The released report on the Australian labor market was indeed mixed. Overall, the forecasts were not met: some components of the release came in the green zone, but most were in the red. At the time, the AUD/USD pair reacted negatively to the publication, sharply declining to 0.6630. However, buyers of the pair took over, preventing the Aussie from falling into the 65 range. Nevertheless, buyers cannot boast of any significant successes either. Having subdued the downward momentum,
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Irina Manzenko,
Analytical expert of InstaForex
© 2007-2025
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Irina Manzenko
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