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Trading news

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1 Apr 2015

United States Markit Manufacturing PMI up to 55.7 in March from previous 55.1

FXStreet.com (Barcelona)

Apr 1, 2015

AUD/USD erases intraday losses

AUD/USD has managed to recover some ground at the beginning of the American session after hitting a fresh 3-week low earlier on the day.

US rates might remain pressured downwards, but rebound in Q4 15 – Rabobank

Philip Marey, Senior US Strategist at Rabobank, explains the factors which might keep US rates pressured downwards for the next 6months, and further expects Fed to hike rates in Q4 15, which would lead rates to rebound.