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Investing Live: Americas FX News Wrap - AI Momentum Drives Markets
US factory orders fell 0.3% in June, while job openings also declined. Canadian manufacturing PMI reached a four-year high. Markets reacted positively to AI-re…
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The AUD/USD currency pair is experiencing upward momentum following a recent dip, driven by a combination of softer inflation data, USD/JPY intervention, and a positive breakout in U.S. equities. The focus now shifts to the 100-day moving average, with potential targets set at 0.7200 and 0.7250-77 if a breakout occurs.
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