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Aussie Dollar's Rally Runs Out Of Steam After RBA Statement

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Feb 5, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Aussie dollar's rally, which took the Australian currency to one-month high, run out of steam on Friday as the Reserve Bank of Australia left the door open for further interest rate cuts. RBA statement for February's monetary decision, which included no change in interest rate, mentioned the central bank[​IMG]

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