Aussie dollar weekly – 29 June 2018

29 June 2018

 

By guest contributor  Stuart Talman, Director of Australian Sales, XE.com. The Aussie dollar spent most of last week on the back foot once again carving out fresh 13 month lows against ongoing uncertainty over the next US trade move. Also weighing on AUDUSD was the decision by the People’s Bank of China to set a higher USDCNY daily rate, leading to a devaluing of the Yuan sending the currency to...

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