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Forex Latest on Aussie

Discussion in 'Forex Forum' started by Nathan, Jul 11, 2022.

  1. Nathan

    Nathan Member

    Joined:
    May 6, 2022
    Likes:
    1
    Location:
    Marseille
    Recession fears and demand destruction has left the Australian dollar vulnerable of recent with key commodity prices falling (iron ore and gold) sending investors into risk averse mode thus preferring cash and U.S. Treasuries. The dollar remains in favor as it will be difficult to topple short-term.
     

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