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AUD/USD: Trading the RBA Interest Rate Decision

Discussion in 'Fundamental Analysis' started by ActionForex.com, Jan 31, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    The Australian dollar is likely to face increased selling pressures over the following week as the Reserve Bank of Australia is widely expected to lower the benchmark interest rate by 100bp to 3.25%, which would be the lowest level since 1963. A Bloomberg News survey shows that 11 of the...

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