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Australian dollar bashed on trade shocker

December 7, 2017 - 12:40 -- Admin

The Australian dollar is within millimeters of breaking to new correction lows: If it goes, and can break 75 cents convincingly as well then the post-2015 uptrend line will rupture, piling on the heat. Credit Suisse sums up the new weakness: From a GDP perspective, the sharp decline in the trade balance dwarfs the bounce

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