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Forex News
Forex News / Australian Dollar Retreats on Disappointing Retail Sales, Lending Data (Euro Open) |
09.09.2009
Australian Dollar Retreats on Disappointing Retail Sales, Lending Data (Euro Open)Forex News /
The Australian Dollar cut severely lower, losing its grasp on the 0.86 even against the US Dollar after Retail Sales, Home Loans and Investment Lending figures disappointed, showing that fading financial stimulus and rising borrowing costs may be undermining Australia’s pecuniary recovery.
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