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After strong Nonfarm Payrolls and an upside surprise in the ISM Services PMI the USD has found some support. This is also weighing on risk appetite once more.
The outlook for the US dollar has taken another hit after the ISM Manufacturing PMI came in worse than expected in March. However, the AUD remains weak.
Two FOMC speakers with a slightly hawkish lean have supported the USD and weighed on indices. The focus for markets will turn to the views of Fed Chair Powell today.
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