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  • Tuesday FX View: Aussie Dollar Setback as RBA Relaxes [View article]
    If you are a day-trader. this is bad news. If, however, you are seeking a resource-based currency in a nation which has abundant exports to booming India and China, that also gives you a hedge against the possibility of a decline in the value of the US dollar, this is sweet music indeed -- a short-term decline in a long-term winner.
    Sep 01 10:50 am |Rating: +1 0 |Link to Comment
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