FXstreet.com (Buenos Aires) - Dollar enters Asia slightly bearish across the board, supported by strong gold rise late America to the 1.106/oz level, with Wall Street also hedging higher in the day; however, majors remain ranging, waiting for RBA rates decision; despite Australia is expected to leave rates unchanged at 3.0%, market seems to be pricing in a rate hike, supported by last month Governor Glenn Stevens hawkish statement, and strong economic recovery.

Stronger AUD could be translated to stronger gold, and so, weaker American dollar.

Wall Street gains also support an upside bias for local stocks markets, putting more pressure on greenback as risk appetite seems to had returned to markets; however, ECB and BOE monetary policy statements next Thursday, will likely keep the upside capped in both European majors till that date.

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