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AUD/USD to its lowest in more than a year

There are multiple factors weighing on the hapless AUD. The only fresh news today is the ballooning debt:

Australian government forecasts ballooning debt

AUD/USD to its lowest since late November 2023:

In a ‘hold my beer’ moment, the NZD/USD is to its lowest since November 2022

This article was written by Eamonn Sheridan at www.forexlive.com.

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