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AUD Australia Market

ASX ends down, dollar up on Fed forecasts

Sumary of ASX ends down, dollar up on Fed forecasts:

  • Australia’s share market declined throughout the trading session and closed lower after the Aussie dollar rose on the US Federal Reserve’s economic projections…
  • Earlier the Federal Reserve projected a rapid jump in US economic growth this year as the COVID-19 crisis winds down, and repeated a pledge to keep its target interest rate near zero for years to come…….

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