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Market Commentary and Intraday News

Australian Dollar Slides To 5-day Low Versus Loonie

297 days ago

(RTTNews) - Against its Canadian counterpart, the Australian currency traded lower during New York afternoon deals on Wednesday as the U.S. Federal Reserve maintained its key interest rate unchanged at 0.0 percent- 0.25 percent.

The Aussie fell to a 5-day low of 1.0505 versus the loonie as of 2:20 pm ET, which may be compared to Tuesday's closing value of 1.0542. At present, the pair is worth 1.0509.

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