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Bullish RBA statement but AUD/USD cannot hold gains

By   || August 7, 2009 at 01:37 GMT
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The market is just sifting through the latest RBA statement which looks quite bullish on the Australian economy at first glance. AUD/USD spiked up from .8395 to .8420 but has immediately fallen back which is interesting price action. I’ll bring you more details on the statement in the next few minutes.

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