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September 01, 2020 1:43pm
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AUD/USD Outlook: Downside Bias Intact Ahead Of US CPI

The AUD/USD pair has slipped to new lows since Friday. The likelihood of a 50 bps September Fed rate cut has fallen from around 50% to 30%. Business conditions in Australia fell by 3 points to +3, a two-and-a-half-year low.
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