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The Australian dollar opened one US cent higher at a five month peak on Monday, as news of a bailout package for debt-ridden Greece caused a surge in global risk appetite.
The Australian dollar opened almost a cent higher after an upbeat assessment of the local economy from the Reserve Bank, and overnight weakening in the US dollar.
The Australian dollar opened weaker on Wednesday after investors pulled away from the risk sensitive unit following a series of poor economic leads from the US.
The Australian dollar posted a new 14-month high during the offshore session amid across-the-board US dollar weakness
Aussie dollar remains steady
Dollar pauses, but at close to a 12 month high
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