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Australian Dollar holds steady amid RBNZ rate hike bets, weak PMI data

FXStreetAustralia

Australian Dollar holds steady amid RBNZ rate hike bets, weak PMI data

AUD/USD holds ground after posting modest losses in the previous day, trading around 0.7020 during early European hours on Friday. The pair remains steady as the Australian Dollar (AUD) holds ground following the release of preliminary S&P Global Purchasing Managers' Index (PMI) data.

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