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Aussie Weakens As Political and Monetary Risks Weigh

posted by Avatar fx360 627 days ago in USD, AUD, Daily made popular 627 days ago

The Aussie dollar fell towards the .9100 cent mark after the Reserve Bank of Australia kept rates unchanged and the Labor party finally won enough independent votes to form a minority coalition government.

In its monetary policy statement the RBA noted that, “Recent information suggests that the Australian economy has been growing at around
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