XE Market Analysis: The Australian Dollar is Wobbly after Dovish Comments from RBA

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OVERVIEW

  • The Dollar Index is near a 12-month high as the market remains cautious

  • The British pound slides below 1.27 handle despite reassurances from PM May that her Brexit Deal contains new “significant aspects”

  • NYMEX WTI crude up 0.65%, amidst trade and geopolitical risks