The Australian - (The Aussie appeared to be establishing a range, as long as the US86.50 cents support level held). This level could be at risk if stock markets do not respond well to a gradual easing of policy in the US. But it will be hard for the US (dollar) to rally while the Fed is in cutting mode. The Australian dollar is mixed on key crosses, reflecting the different stance of key central banks on inflation and growth concerns.
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