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AUD/USD jumps to near 0.7040 ahead of US NFP data

AUD/USD jumps to near 0.7040 ahead of US NFP data

AI BRIEFING

  • AUD/USD pair trades 0.4% higher to near 0.7040 ahead of US NFP data.
  • Australian Dollar (AUD) outperforms across the board on expectations of another interest rate hike by the Reserve Bank of Australia (RBA).
  • US NFP data expected to influence AUD/USD pair's direction in upcoming trading session.
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