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Jon Steeler

Aussie Dollar


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This depends on a couple of outcomes. first how long it will be before China is back up and running. and second, will the China slowdown be enough to affect the Australian economy enough for them to cut rates. 

If china gets back up and running soon and the coronavirus fears start to die down then I think we could see it run slightly higher. That would then mean a pick up in Australia as well due to the amount of trade between the 2 nations, resulting in a higher AUD. 

For now I am sitting on the fence for this pair. 

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