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AUD regains composure after slide; NFP's on the docket

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 8, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The fortunes of the world’s second largest economy have remained a key directive for global markets overnight. Yesterday’s material losses from Chinese stocks (and subsequent closure of the stock exchange) had set the scene for a decidedly negativity demeanour. Still, Chinese stocks have somewhat regained composure today, in-turn we’ve seen a moderate comeback across risk assets. Overall, recent days have seen currencies dominated by the Japanese Yen – a clear sign that all is not well in the

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