AUD - USD foreign exchange rate falls





General Consensus

The AUD has consistently been sold off against major pairings in the past week due to uncertainty over European debt problems. Economic data out of the U.S has slowly been improving over time.

Market consensus on stocks around the world, and on all “risk” assets which includes the Aussie and New Zealand dollar have fallen sharply, with investors sharp focus on Italy and Spain as the situation continues to deteriorate.

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AUD - USD foreign exchange rate falls

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