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The Australian dollar (AUD) is one of the currencies that performed best during the current global crisis. After the initial shock in March, when the world looked for the safety of the American dollar (USD), the AUD began a steady move higher.
It appreciated not only against the USD, but also against EUR, NZD, or the JPY. Is it something special that the Reserve Bank of Australia (RBA) did?
In Times of Crisis, the Focus…
The post AUD, RBA, and the Fed – How to Interpret a Currency’s Fluctuation appeared first on Vantage Point Trading.
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