Tag Archive: AUDCNY

AUSTRALIA FOCUS : HAPPY SHOPPING

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We are pretty close to the 6 year low of 0.7533 set on 3 April in the AUDUSD despite closing the week relatively unchanged and shorts are building up again as the RBA… Continue reading

Australia Focus : Not All Is Lost

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“Australia’s high-value services exports, led by tourism and education, have overtaken iron ore to become our biggest foreign exchange earners. Services exports now are worth more than coal and LNG combined.” http://www.smh.com.au/business/comment-and-analysis/iron-ore-no-longer-our-biggest-export-20150313-142za6.html#ixzz3UGC22twx The… Continue reading