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March 12, 2012

Higher Risk Gives AUD/USD A Breakout

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Risk, it seems, is getting riskier. The situation of the Australian dollar, a sometime barometer of global risk, was aggravated Monday by less-than-perfect news on the Chinese economy--as if the Euro-zone malaise wasn't enough. Earlier in the day, after a record Chinese trade deficit underscor... FF News: Technical

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