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Monday, July 31, 2017

Aussie fails to hold above 0.80 ahead of RBA

Last week the Aussie broke above 0.80 to reach a high multi-year high at 0.8065. - The rally came on the back of an FOMC statement which continued to cite low inflation as something that warrants close monitoring and failed to specify a date for balance sheet runoff.
Aussie fails to hold above 0.80 ahead of RBA

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