AUD/USD may experience a short-term bounce following comments by the RBA Governor. The medium-term picture leaves the Australian Dollar looking vulnerable from both a technical and macro perspective.
<p>The Euro suffered a setback after the June PMIs revealed a slowdown in economic activity. Analysts were caught off guard by the contraction in French services, which dropped from 52.5 to 48.0
<p>Modest gains for the EUR on the session so far are mildly positive from a technical point of view but the EUR is battling against a tide of bearish momentum across short and medium-term studi
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