AUD/USD Looks Over Bought
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AUD/USD Looks Over Bought

Asia : Philippines | Aug 05, 2012 at 12:18 PM PDT
Source: International Business Times
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A former member of the RBA board has called on the Reserve Bank to intervene to lower the value of the Australian dollar. Professor Warwick McKibbin, from the ANU, argues the inappropriate appreciation of the local currency stems from foreign central banks buying the dollar as a 'safe haven' asset.... FULL ARTICLE AT International Business Times
 
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