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Dollar drops as investors take profits

Sunday, September 16, 2012

WN.com - Business News
Latest headlines from WN Network
Dollar drops as investors take profits
Sep 17th 2012, 04:41

The Australian dollar is slightly lower from Saturday's six-month high as investors take profits following a six-day rally. At midday AEST, the local unit was trading at $US1.0538, down from $US1.0585 on Friday. The Aussie surged last week after the US Federal Reserve announced a new round of economic stimulus and a German court said the European Central Bank (ECB) bailout...
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