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European Open Briefing

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 fell sharply against all other major currencies after inflation numbers arrived lower than expected. AUD/USD declined from 0.7750 to a low of 0.7629, while AUD/NZD fell from 1.1250 to 1.1085 and AUD/JPY from 86.30 to 84.75. Chances for a RBA rate cut next month have increased from[​IMG]

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