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AUD/USD bulls take a breather around 0.7475-80 during early Wednesday morning in Asia, following its heaviest daily jump since late August. The risk barometer pair cheered US dollar weakness amid a brighter mood to refresh the multiday high the previous day.
EUR/USD extends its five-day rally, trades above 1.1600. The market sentiment remains upbeat, as major US stock indices record gains between 0.46% and 68%, while the safe-haven status of the US dollar weakens across the board.
Annual CPI in UK is expected to stay unchanged at 3.2% in September. BoE rate hike prospects have been lifting the British pound. GBP/USD could continue to push higher with a daily close above 1.3850.