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Forex Trading: Asian Session Recap and Ranges

Posted by Akhilesh Ganti on May 5, 2013 10:52:00 PM

Japanese markets were closed due to a holiday and that reduced the volatility in the Asian session. The weaker than expected Australian retail sales figure provided a flurry of activity as the AUD/USD sold off in response. The RBA meeting on Tuesday is taking on added significance with the outcome very much in doubt.

050613

 

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