FX:AUDUSD   Australian Dollar / U.S. Dollar
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Sentiments seems to have shifted for the Aussie towards net net long region. Bond yields spreads between the Australia 10-year bond yields versus the US 10 year bond yields would have favored the Aussie for a continuous push to the up side. However, a look at the 20-year seasonality cycle in the futures market may indicate that the air maybe range bound in the coming months.
the rising cases of outbreaks may not support a near term rally for the dollar which is also supported by the positioning of large speculators. Recall that the US recorded high negative numbers on GDP QoQ. We will keep a close eyes as further events unfolds

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