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The RBA is on hold, USD gains vs JPY and MXN, China investigates chips.
June 5, 2018 5:53 amVideo
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https://pepperstone.com/en/forex-news/market-review
-USD gains ground vs JPY and MXN.
-Dollar Index holding above 94.00.
-The RBA leaves rates on hold once more.
-Japanese household spending shrinks again.
-UK car sales dip but retail sales bounce back in May.
-China is to investigate memory chips and their prices.
-Is Eurozone credit tightening at the wrong time?
The overnight changes and price moves to be aware of by Pepperstone’s Market Analyst, Darren Sinden.
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