AUD in a bind with EM likely to weigh further - ANZ
AUD/USD down 21 pips to 0.7268
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ANZ Research sees limited upside for AUD and fellow commodity FX in the near-term.
"We think challenges in emerging markets -in terms of China's
asset-market volatility and growth -are likely to continue to weigh on
sentiment amid deleveraging and sectoral adjustments. Despite being
above trend, we expect