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Australian Dollar trades broadly higher today, lifted partly by resurgence in risk sentiment, as well as robust PMI data reflecting the cyclical recovery in Australian economy. Improvement in the economic outlook reduces the immediate need of a rate cut by RBA. Judo Bank, who complied the PMI data, warned about the possibility for another rate […]

The post Aussie Gains on Solid PMIs and RBA Hike Possibility appeared first on Action Forex.

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