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AUD Analysis – 18th of March

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 18, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    Our bias for the Australian dollar is currently weakly bullish in the context of RBA being on hold and CPI, employment and GDP all showing either benign or positive signs for the Australian economy. Further, the low AUD exchange rate is helping the economy survive the low price of commodities, namely iron ore and copper. It is important to note that recent global uncertainty, along with the continued rout in the commodities markets have put extra pressure on the AUD and further slowdown in

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