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AUD/USD breaks above 0.7800

FXStreet (Córdoba) - AUD/USD broke above 0.7800 and climbed to 0.7822 hitting the highest level since March 26 as the US dollar plummets across the board. The pair holds near daily highs, with a strong bullish momentum.

A weak greenback and the Australian jobs report boosted the AUD/USD pair that is having the best 2-day performance since at least 2014.

Despite rising against the US dollar, the aussie is pulling back versus the loonie and the kiwi. AUD/NZD is trading around 1.0160 and AUD/CAD back below 0.9500, both at the lowest level since the Asian session when they soared after the jobs report.

Economy is likely to be weaker than BoC expects - Nomura

Research analyst Charles St-Arnaud at Nomura explained that they believe that the economy is likely to be weaker than the BoC expects.
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EUR/USD pushes higher, eyes on 1.08

The recovery in EUR/USD remains on track on Thursday, now climbing further to the upper-1.0700s, posting fresh session highs at the same time...
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