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Australian dollar gets a lift from kiwi, euro selling
SYDNEY: The Australian dollar held its ground against the greenback on Tuesday as it drew demand against the New Zealand dollar and euro, while local bond markets showed resilience to the ongoing rout in Treasuries. The Aussie held at $0.6968, having edged up 0.3% overnight and away from a 13-week low of $0.6904. Resistance lies around $0.7010, with major support at $0.6867. The currency got an indirect lift from euro selling as political concerns drive the single currency to its lowest since late 2024 at A$1.6061. The Aussie also climbed 0.6% on the kiwi overnight to reach NZ$1.2464, nearing ...
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