Aussie dollar has dipped 4c in the last 24 hours. If oil is headed to test major support at US$55/barrel, market anticipates all commodities will keep falling. Still obviously lots of leverage unwinding to occur and bad debts/losses to cover.
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- aud tanking ... oil heading to 55
Aussie dollar has dipped 4c in the last 24 hours. If oil is...
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