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Why the Australian Dollar Unexpectedly Rose on the Interest Rate Cut - Daily Reckoning - Australian Edition

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POSTED BY:
Canada Forex Portal

DATE:
05/06/2015

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A US interest rate rise would strengthen the US dollar. At the official rate of 1.7%, the US Federal Reserve has lots of room to hike rates. Any US rate rise would automatically relieve pressure off the Aussie dollar. This is because much of the world

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http://www.dailyreckoning.com.au/australian-dollar-unexpectedly-rose-intere...

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