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Channel: currency devaluation – Marc Morley-Freer
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Aussie dollar lower, euro near 2-year high

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Australia’s dollar edged lower on Monday (March 10th) after disappointing Chinese data weighed on the currency. AUD/USD slipped 0.4 per cent to 0.9033 as figures showed Chinese exports last month fell 18.1 per cent from a year before. Sterling was also higher, with the GBP/AUD exchange rate up 0.25 per cent at 1.8481, erasing some […]

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