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Lower Australian Dollar On Central Bank Action

AMEX:FXA   CURRENCYSHARES AUSTRALIAN DOLLAR TRUST
7 0 0
The Australian central bank will likely lower interest rates again at its meeting today. The price of commodities and especially iron ore continues to plunge which leaves Australia with few choices to stimulate their economy. Lowering of interest rates will push down the Australian Dollar             , and push up the US dollar             .
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