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The Australian dollar got a boost from a late rally in US stocks
The Australian dollar is trading almost unchanged from where it began Friday’s session, gaining ground late last week on the back of a strong rally in US stocks. At the margin, higher crude and iron ore prices may have also assisted the Aussie’s late push higher, seeing it recover from 78 cents hit earlier in the session. Here’s the scoreboard at 7.50am AEDT. AUD/USD 0.7832 , -0.001 , -0.13% AUD/JPY 83.75 , -0.08 , -0.10% AUD/CNH 4.9547 , -0.006 , -0.12% AUD/EUR 0.6374 , -0.0005 , -0.08% AUD/GBP 0.5603 , -0.001 , -0.18% AUD/NZD 1.0736 , -0.002 , -0.19% AUD/CAD 0.99 , -0.0003 , -0.03% Ray Attrill, head of FX ... (full story)