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Interest rate cut in Australia around the corner

A speech by Australia's central bank governor suggested further interest rate cuts are approaching, as the currency might be too strong and damage exports

By Richard Nehme | Nov. 18, 2013 11:40 GMT
Euro continues to benefit from weaker USD
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International News

EURUSD managed to break over the 1.35 level this morning, hitting a high of 1.3518 against Friday’s low of 1.3469. Look for initial resistance on the pair to be around 1.3521 and 1.3550 thereafter with support lying at 1.3472 [...]

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