Bell FX: The AUD lost ground overnight, at USD0.9089 on the back of a much stronger ISM result out of the US
Bell FX: The AUD lost ground overnight, at USD0.9089 on the back of a much stronger ISM result out of the US. The stronger data convinced the market that the US Federal Reserve's Federal Open Market Committee could begin tapering its stimulus measures as early as this month. This saw the USD stronger across the board for the remainder of the offshore session. Today's Forecast Range USD: 0.9065 - 0.9150
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