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Chart Of The Day: AUD/USD

Discussion in 'Technical Analysis' started by ActionForex.com, Dec 18, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    With the recent U.S. Federal Reserve rate cut to a record low, the interest rate differential between AUD and USD has widened to a substantial 4.00%. As shown on the accompanying AUD/USD daily chart, this expanded differential has helped contribute to a significant rise in the exchange rate. After having...

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