Aussie falls on speculation over more stimulus in Australia

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Source: Bloomberg
The Australian currency declined on Tuesday falling against the U.S. Dollar and traded near the lowest level in five years versus its New Zealand's counterpart on speculation that the Australian Reserve Bank may require further stimulus. The so-called Aussie slipped 0.2% to 90.91 U.S. cents by 11:13 a.m. Sydney time, it slid 0.2% to 93.88 yen and traded at NZ$1.0980.

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