Monday, January 26, 2015

AUDUSD Falls To A 5.5-Year Low Ahead Of Australia's All-Important CPI Numbers

The Australian dollar fell to its lowest level since mid-2009 yesterday amidst a global commodity currency sell-off. Iron prices have retreated to multi-year lows as a slowdown in China hampers the demand outlook for the commodity. The resulting pressure on the Australian dollar has pushed it below an all-important psychological



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