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AUD/USD gives back major early gains ahead of Aussie Employment data

The AUD/USD pair surrenders a majority of its initial gains during the European session on Wednesday. Still, the Aussie pair trades 0.10% higher to near 0.6540. The pair snaps three-day losing streak as the US Dollar (USD) struggles to extend its upside after refreshing three-week high on Tuesday.
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EUR/USD: Likely to consolidate in a range of 1.1580/1.1650 – UOB Group

Sharp drop appears overdone; instead of weakening further, Euro (EUR) is more likely to consolidate in a range of 1.1580/1.1650 against US Dollar (USD).
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