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Video: RBA Hikes Rates, AUD Surges; EURO Climbs on PMI Data

posted by Avatar FXTimes 960 days ago in Fundamental, Manufacturing made popular 960 days ago

The euro rallied strongly Tuesday, helped by a sharp rise in the latest euro zone PMI as well as a surprise rise in Australian interest rates that pushed the Australian dollar to a new post-float high.The pound fell sharply after a very weak construction PMI. The USD remains weak heading into the FOMC meeting tomorrow.
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