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AUD/USD and NZD/USD Weekly Forecast – Trump’s Tariff Threat on China Controlling Price Action
The Australian and New Zealand Dollars posted solid gains last week even with a slight setback late in the week. The Aussie and Kiwi rose early last week as traders turned more positive and less averse to risk amid an easing in coronavirus restrictions in several countries. Last Sunday, the Australian states of Queensland and Western Australia said they would slightly ease social distancing rules this week as the number of people infected decreased on the continent, pushing the Australian Dollar to a seven-week high against the U.S. Dollar. Last week, the AUD/USD settled at .6421, up 0.0024 or +0.38% and the NZD/USD ... (full story)
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