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Lifestudent38

AUDUSD correction with AUD outperforming other Queens currencies

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Dollar Australia / Dollar AS (FX:AUDUSD)  
Lifestudent38  
FX:AUDUSD   Dollar Australia / Dollar AS
4
0
Following strong job growth during the 1st quarter the Aussie dollar proved resilient following China's rating downgrade amidst slumping commodity prices and is set to correct to the downside to the 0.7400 level in the build up to the June FOMC. With this level in mind the AUD is set to outperform the Euro, Pound and other comm dolls.
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