Australian Dollar (AUD) the AUD/USD was supported by the move higher in the EUR/USD but the market was hesitant at 1.0380 and we saw the Aussie fall behind. The GBP/AUD and EUR/AUD took advantage of the lagging Major to push higher with week highs on both and more gains expected. Looking ahead, April HSBC China PMI forecast at 49 vs. 48.4 previously.
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