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Tuesday, 4 September 2012

2012.09.04 09:39:48 RESEARCH: AUD/USD review

Quotes from Societe Generale Cross Asset Research:

-AUD/USD 1.0224-1.0285 overnight range. RBA unchanged and no major
tweak to the statement. AUD/JP demand overnight helped AUD/USD to
bounce from a 1.0224 low. Fortescue is cutting spending and jobs as
iron ore slides.

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