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Australian Dollar Vulnerable as Risk Aversion Rises
The rally in the Australian dollar appears to have fizzled as risk aversion once again grips North American equity markets.The Australian dollar was on steady decline, which started in the Asian session and carried through the North American Session. Thursday's sell off has put AUD/USD in the middle of its recent range at 0.63 USD.According to currency strategists, news that the Chinese government didn't announce any new stimulus spending caused the rise in risk aversion. Chinese Premier
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Euro Dollar (EUR USD) analysis
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Euro Australian Dollar (EUR AUD) analysis
Forex trading. EUR/AUD (Euro Australian Dollar) technical analysis
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