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    AUD/USD: US Dollar is losing ground on 16.02.2015

    The AUD/USD tested a local low at 0.7630 again in the middle of the past week. Then it started to recover, clawing back most of losses.  The trading week closed at 0.7780. Two factors account for the uptrend: the growth of the price of energy resources and decrease in the demand for the American currency. Many investors believe that the downtrend may reverse soon and the US dollar will weaken against the main rivals.  

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