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The Australian Dollar (AUD) belongs to the select club of developed countries’ currencies. A free-floating currency, it is the flagship of the Asia-Pacific region.
The Aussie pairs part of the FX dashboard are extremely popular among traders. Various correlations exist between different AUD pairs and other markets. For this reason, a sound understanding of the Australian economy helps to explain such correlations.
Here is a start, as this article offers a basic view of what…
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