IF,BUT,MAYBE,WHEN IT GETS TO, WAITING FOR
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The Aussie dollar is on a winning streak never seen before
The Australian dollar pushed higher yet again on Thursday, continuing to benefit from improved investor sentiment, stronger crude oil and iron ore prices and another rally in stocks. Here’s the scoreboard as at 8.30am AEDT. AUD/USD0.7865,0.003,0.38% AUD/JPY88.66,0.54,0.61% AUD/CNH5.1043,0.0162,0.32% AUD/EUR0.6516,-0.0003,-0.05% AUD/GBP0.5803,0.0007,0.12% AUD/NZD1.0991,-0.0052,-0.47% AUD/CAD0.9824,0.0006,0.06% After beginning the session buying .7835, the AUD/USD reversed earlier losses following news that activity levels across China’s services sector improved at the fastest pace in over three years in December. ... (full story)