Thu, 20 Dec 2012 09:43:17 GMT
Aussie stays lower as U.S. 'fiscal cliff' deal deadlocked
The Australian Dollar held a 3-day loss, while the country's bonds rose, on concern U.S. ‘fiscal cliff' deal is deadlocked, curbing demand for risky assets. Australia's currency traded at $1.0477 at 4:25 p.m. Sydney time after declining 0.8% in the previous 3 days. The Aussie lost 0.5% to 88.03 yen. The New Zealand Dollar fetched 83.31 U.S. cents, the weakest