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Expect AUD To Consolidate, Bonds To Dip - Suncorp

Forex News: Expect AUD/USD to consolidate in Asian session, with falls in commodity markets limiting any potential moves higher, says Suncorp strategist Nick Jonas. Notes sell-off in Treasurys on back of a spike in U.S. inflation is likely to steer Australian interest rate futures lower, "particularly if we see a relief rally in stocks." September 3-year contract ended at 93.545, down 4.5 points. AUD/USD now 0.9741.




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