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Australia National Australia Bank's Business Confidence (QoQ) up to 2 in 1Q from -5

Forex: AUD/USD falls to new low below 1.0270

The Australian Dollar is trading heavy along the early going of the Asian session, currently breaching 1.0275 NY lows to set a new 5-week low at 1.0268. Intense selling pressure on the metals market is weighing on the Aussie.
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