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AUD/USD consolidates near highs

FXstreet.com (Córdoba) - The AUD/USD managed to advance on Thursday, erasing the previous day losses, supported by the rise in stocks amid dovish central banks' comments.

AUD/USD clings to gains

However, AUD/USD found resistance after hitting a high of 0.9180 and pulled back slightly, having settled in a slim range during the last hours. At time of writing, AUD/USD is trading at the 0.9160 area, where it records a 0.8% gain on the day.

With US markets closed due to the Independence Day and ahead of the nonfarm payrolls report, trading will likely remain subdued over the next hours with pairs consolidating in recent ranges.

European bourses closed with strong gains

Markets in Euroland closed markedly higher on Thursday, after the BoE and the ECB will keep alive the easing cycle for longer. Both central banks sounded more dovish than previously though in their respective...
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EUR/USD flat-lining above 1.2900

The EUR/USD is floating just above 1.2900 the figure towards the end of the day, as markets are gradually absorbed by the inactivity due to the Independence Day holiday in the US...
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