No Rate Hike in Australia Sends AUD Lower
February 2, 2010
The Aussie dollar relapsed 1.1% against its U.S. counterpart after a surprise decision by the Reserve Bank of Australia not to implement a fourth rate hike now. The greenback otherwise slid 0.3% relative to the Canadian dollar and 0.1% against the euro, but has risen 0.3% against sterling and 0.1% versus the yen, Swiss franc [...]
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