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Pound to Australian Dollar Rate Caught Between Rock and Hard Place

  • Written by James Skinner

The Pound to Australian Dollar exchange rate retreated further from recent highs above 1.80 in midweek trade and could be likely to wander within a 1.7660 to 1.8046 range over the coming days as a tug-of-war plays out between a buoyant U.S. Dollar and rallying Chinese Renminbi.

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