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Australian Dollar drops on Monetary Policy Meeting Minutes

Note: This section contains information in English only.
Source: Dukascopy Bank SA

[ANNOUNCE] During Tuesday's trading session, the Australian Dollar depreciated against the Greenback by 0.41% or 29 pips. Note, that the Aussie also depreciated against other major currencies. [/ANNOUNCE] 

The reason for the decline is the release of Monetary Policy Meeting Minutes of the Reserve Bank of Australia on Tuesday at 1:30 GMT. 

The Australian Dollar was pressured by the RBA's explanation why reducing extremely low interest rates would remain beneficial for the economy.

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