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Trading Commodity Currencies – AUD Focus

Trading Commodity Currencies – AUD Focus

The term ‘commodity currencies’, is a very popular and accurate term to describe a group of currency pairs that every Forex trader needs to be aware of and understand as it will result in an increase in profits as you understand what impacts them. Today’s focus will be on strategies and set up when trading AUD crosses. We will also be exploring the impact of Economic Data releases onto the AUD. For example, today we are expecting the CPI figures for Australia.

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