Australian dollar continues range-trading
THE Australian dollar has moved little overnight, continuing to hover below 93 US cents.
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THE Australian dollar has moved little overnight, continuing to hover below 93 US cents.
At 0630 AEST on Tuesday, the local currency was trading at 92.65 US cents, down from 92.68 cents on Monday.
The Australian dollar has stabilised following dramatic moves last week when the currency fell to two-month lows on the back of weaker-than-expected data and economic growth forecasts from the central bank.
Originally published as Australian dollar continues range-trading
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