A downward GDP revision on Monday reinforced a cautious mood surrounding the UK economy while the dollar moved back towards 2-year highs despite weaker-than-expected consumer confidence data.
AUD/USD trades slightly above the four-year low of 0.6180. However, the outlook for the Aussie pair is bearish, as the 20-week Exponential Moving Average (EMA), which trades around 0.6520, is sloping ...
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