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FOREX-Dollar falls as focus shifts to recovery prospects

por Malorie Berube (2020-06-12)


But don't worry, aiding with these Forex Robot, a trader can let his trading automate by software, letting the Robot work for you. The Australian dollar hit a five-month high against the dollar, as funds headed toward economies that are seen to be recovering the fastest from the coronavirus pandemic. dollar, the strong end of its 7.75-7.85 trading band, for the first time since May 21, prompting the Hong Kong Monetary Authority to intervene in the market.

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Australia's GDP data is unlikely to capture the full impact of coronavirus lockdowns had on the economy, free forex robot v5 but traders say sentiment for the Aussie has turned bullish because lockdown restrictions are easing and due to rising commodity prices. While several companies have sold self-balancing scooters with wheels labeled as hoverboards, we never got truly levitating boards as seen in Back to the Future Part II.  Hoverboards You can't call it a hoverboard if it doesn't hover, right?

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The European Central Bank is expected to increase its 750 billion euro ($839.25 billion) bond-buying programme, the Pandemic Emergency Purchase Programme, on Thursday, probably by around 500 billion euros. President Donald Trump's response to China's tightening control over Hong Kong, which could worsen tensions between the two powers over the financial hub. The Aussie, which has benefited from signs its economic downturn may be less severe than initially feared, could get an additional boost if first quarter gross domestic product data due later on Wednesday shows the country dodged a contraction.

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