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Currency Analyst since 2010

Oct. 21: MARKET REVIEW

Risk sentiment still hasn’t sustainably improved. Japanese Nikkei declined.

AUD/USD: edged up on better than expected China’s Q3 GDP growth (7.3% vs. 7.2%), though the reading came lower than in the previous quarter. Chinese industrial production rose by 8.0% vs. 7.5% expected. China is Australia’s largest trading partner.

EUR/USD edged up to $1.2825.

GBP/USD edged higher to $1.6180, awaits public sector net borrowing at 08:30 GMT.

USD/JPY fell to 106.20 in Asia.

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