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RBA Hike Fails to Lift AUD Waiting for the BoC source ACM Newsletter

Markets were quiet until Europe woke up, where we saw a steady unwind of risk. The EURUSD traded down to 1.3490 from 1.3560, while the GBPUSD fell to 1.4860 from 1.4960. While in the mid-term we are short risk right now these pairs are well oversold and we... (source: ACM Newsletter) - RSS and News widget on Feedzilla.com

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