The Australian Dollar (AUD) the AUD/USD soared above 1.0300 with the large gains in US stocks propelling the risk currency higher. The market has been buying the Australian dollar aggressively in recent weeks on optimism of a positive outcome in the EU. Looking ahead, Q3 PPI forecast at 0.8% Q/Q. Also Chinese HSBC PMI previously at 49.9 with 50 being the key level.
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