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Asia report: RBA rate decision unchanged

RBA policy rate decision remained unchanged as expected, and this saw the AUD/USD rally about 0.5%, but it is uncertain how long it will last. 

All trading involves risk. Losses can exceed deposits.

Last Friday’s Chinese PMI numbers have positively affected the Asian markets but a poor NFP number is showing weakness in the US Dollar. The energy sector is performing well in the US, Australia and Japan; IG analyst Angus Nicholson has more.

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