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Aus dollar loses confidence to 70c

FEARS of impending global recession and softer Chinese demand for commodities saw the Australian ...

Charlotte Dudley
Aus dollar loses confidence to 70c

The Aussie dollar fell more than 5c overnight, hitting US70.12c before picking up slightly to US72.29c at 11am EST. The dollar drop follows sharp falls in base metal and oil prices while growing negativity...

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