The Australian Dollar (AUD) the AUD/USD was under pressure in Asia but once again found support under 1.0300 and surged back to 1.0400. AUD/JPY struggled to break above Y81 as USD/JPY fell back. Today’s Chinese data is expected to set the tone in the Asian session released at 1.30GMT. Looking ahead, October Chinese Retail Sales forecast at 17.4% vs. 17.7% previously y/y. October CPI forecast at 5.7% vs. 6.5%.
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