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Australian Dollar leads other commodity currencies lower in Asian session today, reflecting a broader risk-off sentiment in the markets. The market’s risk-off sentiment is further emphasized by the strength of Yen and Swiss Franc, currencies typically favored during periods of uncertainty. Nikkei has slipped below the 40k mark, while China’s Shanghai SSE is down over […]

The post Aussie Leads Decline in Commodity Currencies; Risk Aversion Dominates Following China’s Rate Cut appeared first on Action Forex.

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