Aussie depreciates as Asian shares decline

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Source: Bloomberg
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Australian Dollar weakened, falling from 9-month high versus Japanese Yen as Asian equity markets moved down on Monday, lowering demand for higher yielding assets. Aussie plunged 0.9% against Japanese currency to JPY 87.05 and gave up 0.3% against US Dollar to USD 1.0704. Meanwhile Kiwi slipped 0.8% versus Yen to JPY 67.30 and lost 0.2% versus its US peer to USD 0.8275. Currently AUD/USD is trading at USD 1.0712 and NZD/USD is trading at USD 0.8278.
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