MARKETS Forex

The AUD has remained range-bound since mid-December. After the EUR, GBP, NOK, CHF, and lastly CAD, the AUD outlier should be the next domino to fall this year. Breaking 0.8060-70 (the 2010 low) would prove a significant bearish signal as negative fundamentals are already paving the way

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MARKETS Forex

The SNB removed its minimum exchange rate policy of EUR/CHF at 1.20 and lowered its target LIBOR rate to between -1.25% and -0.25%

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