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Forex Flash: AUD may soon shrug off near term prospective cut - RBS

By comparison, after its recent slide, the AUD no longer looks as expensive and it may have already factored in many of the current negatives (weaker China growth, weaker domestic data, RBA rate cuts, bigger budget deficit), notes Greg Gibbs, currency strategist at RBS.
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Australia Employment Change s.a. increase to 15100 in Apr from -31200

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