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Australian dollar dips in anticipation of RBA rate call

2015-03-02 10:53:18| Automakers - Topix.net

The Australian dollar was trading in a holding pattern on Monday afternoon ahead of Tuesday's interest rate decision by the Reserve Bank of Australia, with odds jumping in favour of a cut. Better-than-expected Chinese manufacturing PMI data pushed the Australian dollar up to US78.3 at the start of trade, but that soon dropped.

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