USD Trading Outlook (10-03-2014)

The Australian Dollar (AUD): The pair dropped to a low of 0.9062 after NFP came out better than expected and recent AUD/USD longs scrambled to get out. Through the weekend we had poor Chinese data (Trade balance and CPI) that caused the gap in early Asia which opened at a low of 0.9037. This week’s China Feb inflation and AUS Feb jobs data will be the main focus for the market on the pair.

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