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Aussie Heads South, Dips Below 70

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jan 7, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Australian dollar has dropped sharply on Thursday, extending its losses for a fourth straight day. In the European session, AUD/USD is trading just below the symbolic line of 0.70. On the release front, Australian Building Approvals dropped by 12.7%, much worse than expectations. Australian Trade Balance also missed the[​IMG]

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