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Australian dollar falls as ANZ cuts GDP forecast

July 10, 2020 - 12:31 -- Admin

by Chris Becker Things aren’t looking up for the Australian dollar with ANZ out with another downgrade of local economic growth, looking at a 2% drop for the third quarter due to the lockdown in Victoria: with the whole of Melbourne metropolitan and Mitchell local government areas locked down, we estimate the rebound in activity

The post Australian dollar falls as ANZ cuts GDP forecast appeared first on MacroBusiness.

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