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Australian dollar sinks to 10-month low, ASX set to recover from four-day losing streak

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Australian shares are likely to recover in early trade, after dropping for four straight days, despite collapsing commodity prices. 

ASX futures were up 0.5 per cent to 7,411 points (by 8:10am AEST).

The Australian dollar sank to 71.46 US cents, its lowest value since early November.

Its 1.2 per…



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