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AUD/USD
Current trend
On Monday, the pair was in an upward direction.
There is growing pressure on the pair in face of concerns regarding a slowing Chinese economy which gained an increase following the weakening of the Yuan against USD, a percentage exceeding 1.5%. For now, investor nurse worries about a drop in demand in China for commodities and a move to damp currencies, which include the Australian Dollar.
In Australia, data coming...
Forex Analysis and News for Major Currency pairs
Forex Analysis and News for Major Currency pairs
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