Aussie falls on trade deficit

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Source: Bloomberg
© Scanpix/FP
The Australian Dollar dropped to almost 1-month low following the government report on the nation's trade deficit, which was the widest since 2008. The Aussie Dollar traded at $1.0211, the weakest level since September. Australia's Dollar also traded close to a 1-year low versus the New Zealand Dollar. The currency fetched NZ$1.2432, after touching NZ$1.2372, the lowest level since September 2011.
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