Fundamental Analysis Brief: The Aussie hits 2010 June lows

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The Aussie hits 2010 June lows The Australian Dollar is getting to the 2010 lows after the commodities’ downward path turns out to be a long-term one. Thus, we can name the iron ore, which gets an estimated price of 60 dollar per metric ton, as the trade nation Australia risks a dangerous budget deficit. As this morning in Australia the Mid-Year Economic and Fiscal Outlook was published, we can r...

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