Australian Dollar declines against the U.S. Dollar

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Source: Bloomberg
© Scanpix/Reuters

The Aussie prolonged its fall against the U.S. Dollar from previous week as the U.S. consumer confidence is expected to increase and that could encourage the Fed to slow down the stimulus. The Australia's currency dropped 0.2% to 96.32 U.S. cents at 3:26 p.m. Sydney time. Last week the Australian Dollar reached a 0.8% weekly decline versus the greenback, making it the third loss in a row.

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