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BoK cuts rate 25 bps, Aus jobs number up; Standard Chartered nailed it

October 10, 2012 | Filed Under »
Forex pairs in this Article » AUD/USD
Bank of Korea cuts rate 25 bps to 2.75%, marking the second time this occurs this year. Analysts at Standard Chartered nailed both predictions after suggesting in yesterday's report a squeeze higher in the AUDUSD as well as BoK cutting rates again.
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