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AUD heavy, but currently holding above 0.8100
The dollar ended Friday on a firm note, which could well continue in short week ahead, with a fair bit of US data due ahead of Christmas but with little to come from the EZ, aside from the UK Q3 GDP. A generally strong performance from the US will have all the other majors under pressure heading into the holiday period, with the Euro in particular about to break some critical support levels. Watch out for some action in the Yen on Christmas Day, with a lot of data due from Tokyo, when liquidity will be pretty much non-existent. This will be the last outlook before the New Year, unless there are any major moves, in ... (full story)
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