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No Recovery in site for Aussie Dollar
The Australian Dollar this morning opened at under US67 after volatile overnight trading. The Aussie looked a little stronger during Monday's local trade with news of the Chinese economic stimulus package. It is hoped this wil improve commodity prices. This led to an overnight high of 0.6984 before falling to a session low of 0.6670. The Aussie remains relatively stable against the Euro at just over 52c.