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Forex: AUD/USD falls to fresh lows after US data

FXstreet.com (Córdoba) - The Australian dollar slumped versus the greenback to fresh daily lows as disappointing ADP data added a dose of risk aversion to the markets and weighed on commodity currencies.

AUD/USD dropped nearly 50 pips after the data, sliding below the 100-hour SMA, and stretched to a 2-day low of 1.0308 in recent dealings. At time of writing, the pair is trading around 1.0315/20, where it records a 0.4% loss on Wednesday.

In terms of technical levels, on the downside, immediate supports for AUD/USD are seen at 1.0300 (psychological level) and 1.0270 (low Apr 29). On the other hand, resistances could be found at 1.0370 (21-day SMA) and 1.0400 (100- and 200-day SMAs).

Forex Flash: JGBs high since before BoJ, but... - Nomura

Nomura economist Yujiro Goto notes that even though JGB yields are higher than before the BOJ easing on April 4, real yields after considering higher inflation expectations are much lower than six months ago.
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Forex: GBP/JPY extends decline to 151.25

After rising around 120 pips in the European session from the 151.00 area to reach the intra-day high at 152.25, the GBP/JPY was rejected at this level and currently the pair is extending its decline to trade back at 151.25.
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