LiteForex - Analytics

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    AUD/USD: general analysis on 18.02.2015

    The Australian currency has been gradually strengthening against the greenback since 12th February. Yesterday was not an exception as the rate of AUD/USD grew substantially. Market participants continued to take their lead from the news that the Central bank of Australia did not plan to lower interest rates in the nearest future. As a result, AUD/USD quotes moved upwards, but did not consolidate above a level of 0.7830.  

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