Thursday, May 23, 2013   

Aussie tumbles to two-week low
(07-12 15:47)

The Australian dollar fell to a two-week low against the US dollar today as risk aversion led investors cut exposure to commodity currencies while rising joblessness saw markets price in more chances of a rate cut. The Aussie fell past reported stop losses at US$1.0150 to drop to US$1.0138, it lowest level since late June and down 1 percent on the day, Reuters reports.
   
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More breaking news >>

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