Aussie near 3-year low on rate cut bets

Note: This section contains information in English only.
Source: WBPonline
© Scanpix\AFP
The Australian Dollar declined versus the greenback to the lowest level in 19 days, as investors curbed demand for the Aussie on speculation that the central bank will cut borrowing costs at the Reserve Bank of Australia meeting on August 6. The Australian currency slipped 0.30% to $0.9035 versus the U.S. Dollar and fell 0.29% to A$1.4673 versus the Euro.
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