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APAC Currency Corner - Aussie Slide

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 10, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The Aussie took it on the chin from numerous angles overnight. The weaker Chinese trade data and the accompanying move lower in commodity prices have led to USD buying against commodity currencies. The Aussie, already reeling from the RBA inflation downgrade, was particularly vulnerable to the correction lower in both[​IMG]

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