Australian dollar lower as $US gains
THE Australian dollar has started the week lower following gains in its US counterpart.
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THE Australian dollar has started the week lower following gains in its US counterpart.
At 0630 AEST on Monday, the currency was trading at 93.25 US cents, down from 93.56 cents on Friday.
The US dollar strengthened on Friday night as traders looked past disappointing consumer spending figures and focused on a string of positive recent economic data.
Originally published as Australian dollar lower as $US gains
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