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A pessimistic view of this week’s U.S.-China trade meetings and weak Australian economic updates kept the Aussie under pressure early on. But geopolitical news developed in favor of risk-on traders to help the Aussie climb higher and close the week with some wins against the other major currencies.

Overlay of AUD Pairs: 1-Hour Forex Chart
Overlay of AUD Pairs: 1-Hour Forex Chart

Australian Headlines and Economic data

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Friday: