Aussie falls against counterparts as volatility rallies to 6-week high

Source: Bloomberg
© Scanpix\AFP
The Australian currency declined against all 16 major peers as volatility headed towards the highest level in six weeks, curbing demand for the currency. The Australian Dollar plummeted 0.8% to 89.58 versus the U.S. Dollar and New Zealand's Dollar retreated 0.6% to 78.02 against the greenback. One-month volatility for the Australian currency increased to 13.03%.

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