AUD/USD back below 0.8700

AUD/USD failed to sustain above the 0.8700 level and dropped back to the lower side of today’s range at the beginning of the American session. At time of writing, AUD/USD is trading at the 0.8685 area, 0.340% below its opening price.
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USD Remains Well Bid – TDS

The Research Team at TD Securities view the USD on a stronger footing as it shows gains against most majors on the day, but anticipate softer US Retail sales data to slow down the USD a bit.
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