Fxstreet.com (Sydney) The AUD/USD closed lower at $US0.8963 down from Friday's close ($US0.9143). This reflected caution among investors after significant falls in equity markets around the world.

The Australian currency is a risk sensitive or growth currency, says Stephen Bartholomeusz (Business Spectator), further adding that the currency tends to rise and fall in tandem with equity and commodity prices.

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