Australian Dollar (AUD) the AUD/USD reversed direction with US stocks falling to 1.0180 supports. The AUD/USD has outperformed last week with solid economic data and new all-time lows for the EUR/AUD helping lift the commodity currency. The EUR/AUD is looking to test the major 1.2000 level with the multi-year downtrend now hitting another big level. Looking ahead, Chinese CPI forecast at 2.4% vs. 3.0% previously/y.
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