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The commodity-linked Australian dollar was last up 0.73 percent

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 12, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FOREX Forex – The U.S. dollar hit its lowest level against the yen in more than two weeks on Monday and was lower against a basket of major currencies on continued expectations of a slow path of Federal Reserve rate increases this year. The dollar, which posted its worst week in roughly two months last week, fell as low as 111.10 yen on Monday. Comments last week by Federal Reserve Chair Janet Yellen that the central bank should proceed "cautiously" on raising interest rates continued to weigh

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