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Forex: AUD/USD ends the week below 1.0300

The Australian dollar has continued to lose ground against the greenback during the American afternoon, weighed by broad losses in stocks and commodities and is on track to close the week below the 1.0300 mark.

After being rejected by a 1-week high at the 1.0375 area on Friday, AUD/USD resumed the decline and having lost about 90 pips throughout the day it recently printed a 3-day low of 1.0285. At time of writing, AUD/USD is trading around 1.0290, down 0.6% on the day, but only marginally lower this week.

Forex: EUR/USD closing the week around 1.3350/55

The shared currency remains trapped around 1.3350/55 as the trading week draws to a close. Miserable data from the euro zone during the week kept the demand for euros subdued, redirected instead towards safe...
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Forex Flash: USD seen mixed against rivals - Wells Fargo

The Wells Fargo analyst team is mixed on the dollar, expecting gains against the major currencies but weakness against commodity and emerging currencies. "Despite the Q4 slowdown, U.S. growth should remain stronger than the other major regions", they comment.
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