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AUD/USD keeps range near 0.6850, focus shifts to US NFP
AUD/USD is trading sideways near 0.6850 in Friday's Asian trading, consolidating the latest uptick. The pair finds support from a minor US Dollar pullback but persisting Middle East tensions and pre-US NFP data nervousness keep the higher-yielding Aussie pair's rebound in check.
USD/JPY holds lower ground below 146.50, awaits US NFP report
USD/JPY remains under selling pressure in the Asian session on Friday, holding lower ground below 146.50. Bulls seem reluctant to place fresh bets ahead of the US NFP report. Japanese officials' comments support the Yen alongside a cautious risk tone.
Gold lacks firm near-term direction ahead of US NFP, Middle East tensions lend support
Gold price (XAU/USD) continues with its struggle to gain any meaningful traction on Friday and remains confined in a familiar range held since the beginning of the current week amid mixed fundamental cues.
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RBA widely expected to keep key interest rate unchanged amid persisting price pressures
The Reserve Bank of Australia is likely to continue bucking the trend adopted by major central banks of the dovish policy pivot, opting to maintain the policy for the seventh consecutive meeting on Tuesday.
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