AUD/USD drops below 0.7100 amid risk aversion

The AUD/USD pair lost more 40 pips and closed below 0.7100 on Thursday. With the escalating geopolitical tensions between the US and China, the pair r
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Central Bank of Russia lowers policy rate by 25 bps to 4.25%

Russia's central bank announced on Friday that it lowered its policy rate by 25 basis points to 4.25% and noted that it will consider the necessity of
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