Australian Dollar drops against its US counterpart

Source: WBP Online
© Scanpix/AFP
The Aussie declined to its lowest price in two months against the US Dollar after the Australian PPI dropped 0.1% during the month of June. Depending on the release concerning the non-farm employment change in the US, with a forecast of 231,000 more jobs, the pair could slump even more. The pair traded at 0.9283 after slipping 0.09%.   

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