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AUD And CAD Lead USD Strength

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 4, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Forex markets experienced broad USD strength across the board, exaggerated by weakness in commodity currencies AUD and CAD. AUD/USD was hammered following the Reserve Bank of Australia’s decision to cut rates by 0.25% to 1.75% yesterday. The market was positioned in no-man’s-land heading into the release and there was always[​IMG]

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