Aussie bounces back today on upbeat China sentiment ...Middle East

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Aussie bounces back today on upbeat China sentiment
The pair suffered a technical rejection from the June and July 2023 highs near 0.6900 yesterday. But it is seen bouncing back today, gaining further after the Politburo sounded a strong message to support the measures undertaken this week to bolster the Chinese economy.Chinese equities are rallying further as a result after the lunch break. The CSI 300 index was up around 0.7% on the day during the break. But it has now jumped up to being 3.0% higher. The Shanghai Composite index is also up 2.5% and the Hang Seng seen up 3.1% on the day.For the CSI 300 index, it is now marked up by 9.4% on the week itself. And if my calculations are correct, that will be the biggest weekly gain since 2014.Th

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