Aussie falls on bearish bets

Source: Bloomberg
The Australian Dollar slipped on Tuesday trading session falling against all of its most-traded peers amid speculation that the recent growth against the U.S. Dollar was too rapid and as report showed investors bet on further decline of the commodity. The so-called Aussie shed 0.6% to 89.18 U.S. cents by 5:17 p.m. Sydney time after it touched the highest level since December 12 at 90.05 on January 3.

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