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Aussie Plunges as CPI Points to Deflation

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 27, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Australian dollar has posted sharp losses on Wednesday, reversing the upward trend which marked the Tuesday session. AUD/USD is trading at the 0.76 line in the North American session. In economic news, Australian CPI disappointed the markets, posting a decline of 0.3%. Later in the day, Australia releases Import[​IMG]

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