The Australian dollar climbed to new highs against the US dollar despite the lack of economic data. …
The Australian dollar climbed to new highs against the US dollar despite the lack of economic data. Big investors here in the US and in Japan continued to plow into the currency on expectations that the Reserve Bank of Australia may raise interest rates in August. Tonight?s import and export prices will give us a good clue on whether they will actually raise rates. The market is looking for ...
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