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The Australian dollar has posted sharp losses on Tuesday, following the Reserve Bank’s decision to lower interest rates. Early in the North American session, AUD/USD is trading at 0.6395, down 0.95% on the day. RBA lowers rates to 3.85% The Reserve Bank of Australia has lowered its cash rate from 4.15% to 3.85%. The decision […]

The post Australian Dollar Slides after RBA’s Dovish Rate Cut appeared first on Action Forex.

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