AUD,NZD/FXWW News

AUD slightly lower after mixed data dump

The chances of an August rate cut have receded somewhat after the earlier CPI data and the poor Chinese PMI has sent the AUD lower.

Overall range trading still dominating so play the edges of the .9150/.9330 range.

@FXWW888 has been reporting over recent sessions that real money demand for the AUD is sharply increasing, always an interesting development.

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