Aussie drops against Greenback after RBA minutes

Source: Investing.com
The Australian Dollar fell versus its US counterpart on Tuesday, as the RBA minutes raised the prospects of further rate cuts and pointed to a long-term weakness in the Aussie. The AUD/USD pair lost 0.17% and was traded at $0.7125 by 07:34 AM GMT, after it reached the session low at $0.7103. Earlier today, the RBA minutes overshadowed the short-lived rally, following Malcolm Turnbull's victory to become the new Australian prime minister.

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