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$A sinks to five-week lows after wage data disappoints hawks – The Australian Financial Review

The Australian dollar dropped to a five-week low after wages growth disappointed hawks who had been wagering on stronger numbers….

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Yields on the three-year government bond eased to just below 1 per cent, while 10-year bonds retreated to 1.866 per cent. The Australian dollar remained on the defensive at US72.74¢ at 3pm AEDT, with US71.70¢ seen as the next support level, ahead of this…

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