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June 15, 2012

Aussie Momentum through Parity on QE/Stimulus/Risk-on Rally

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The AUD/USD is rallying on the risk appetite that remains intact, "hope-ium", and strength ahead of next week's Fed meeting, and the upcoming G20 meeting. There is a solid argument for expectations of Fed stimulus, especially since the market is in "bad economic news is good if we want stimulus"... FF News: Technical

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