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Australian dollar plumbs 10-month lows as US yields keep climbing
SYDNEY: The Australian dollar was pinned near a 10-month low on Friday as US yields kept climbing on growing bets of a half-point Federal Reserve hike, while falling commodity prices and fading yield support added to the drag. The Aussie slipped 0.1% to $0.68, after falling as much as 0.6% overnight to $0.6798, the lowest level since late January. It broke critical support at $0.6835, with bears now eyeing $0.67. For the week, it is down 0.8%. The kiwi dollar also eased 0.1% to $0.5543, having slipped 0.3% overnight. That left it within striking distance of a 19-month low of $0.5529, with near...
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