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Breaking: AUD/USD drops through key trendline support in a 0.57% move on RBA Lowe – FXStreet

In additional remarks, that have finally given the market a catalyst, the Reserve Bank of Australia governor Philip Lowe says the budget strategy was

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Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The …

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