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Australian dollar succumbs to risk retreat, still ahead on week

Buzz line5 hours ago04 mins

SYDNEY, March 13 (Reuters) – The Australian dollar was looking crestfallen on Friday as intensifying risk aversion globally finally overcame support from higher yields, though it still held weekly gains on a crowd of peer currencies. The Aussie was flat at $0.7080, having slipped 1.0% overnight and away from a 45-month peak of $0.71875. Support…

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