Day: December 7, 2023

Australian Dollar’s recovery is losing steam at 0.6570 area

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The Aussie bounced up from two-week lows at 0.6520 on Thursday, favored by a moderate US DOllar reversal although the negative risk sentiment is capping bulls at the upper range of 0.6500. Earlier on Thursday, China’s trade balance data failed to offset concerns about the financial stability of the Asian main economy triggered by Moody’s […]

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