Australian Dollar to Chinese Yuan (AUD/CNY) Exchange Rate Forecast: ‘Aussie’ Dominant as Odds of RBA Rate Cut Decline

  • January 27th, 2016
  • -Posted in AUD/CNY

Following a better-than-expected fourth quarter Consumer Price Index, the Australian Dollar (AUD) has remained on a bullish run. Recent market optimism evaporated rapidly on Tuesday as the Shanghai Composite Index slipped 6.4%, following the latest downturn in the value of oil as trader confidence sharply declined. This renewed volatility saw […]

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