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Down Under Currencies Drop on Global Economics

Forex trading with down under currenciesDown under currencies are down in FX trading on the currency market that dawn. With risk aversion high, despite new hope for the U.S. financial bailout, the yen carry trade is unwinding. After all, the bailout approved by the Senate still has to pass the House.

Additionally, global economics affect

the down under currencies on the FX market, due to their nature as commodity currencies.

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Original post by Eric J. Fox

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