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AUDNZD: Preposterously Postponed Parity Party
The second half of the North American trading session had a lot more intrigue associated with it than the first half as there was actually some news that we were able to digest. The Federal Reserve released their minutes from the March FOMC meeting which the market digested as “slightly less dovish” than it did when Chairwoman Janet Yellen first read her institution’s verdict. At the release, the USD surged higher, stocks spiked lower, and commodities fell too, but much of that initial jump has been tamed as we fade in to the Asian trading session. There isn’t really much to point out on the economic release ... (full story)
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