Thread: Forex News from InstaForex
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28-10-13, 06:25 #1
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Aud underpinned by Strong Stocks
The Aussie inched up to $0.9600, from a trough of $0.9572 on Friday, underpinned by a 1 percent increase in stock markets in Japan and Australia.
But it was still a fair way off a five-month peak of $0.9758 set last week on expectations the U.S. Federal Reserve will extend its cheap money policies into next year.
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