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European stocks plunged Monday…

and the euro tumbled, as investors piled into safe-haven assets amid rising fears over Europe’s sovereign debt crisis. AUDUSD: A weak tone for risk sentiment across Asia Monday as equities racked up fresh losses sent the...

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Should the Aussie rate cut?

Private sector borrowing has slumped, retail spending is well below normal, home prices are falling, construction and services sectors are weak and manufacturing is contracting at a faster pace. AUDUSD:  The Australian...

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