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Australian Dollar Weakens after RBA Rate Cut, Canadian Rebounds with Oil Price

Asian Markets rebound notably today, following the strong close in US overnight. Canadian Dollar staged a U-turn, following the path of oil price. Australian Dollar is trading generally lower today following RBA’s easing announcement. Yet, downside is relatively limited, expect versus a few. Dollar has turned mixed, together with Yen and European majors. Except that, […]

The post Australian Dollar Weakens after RBA Rate Cut, Canadian Rebounds with Oil Price appeared first on Action Forex.

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