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01/11/2011 - 06:54

$A bounces back after yen intervention

01/11/2011 - 06:54

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The Australian dollar bounced back overnight after a big sell-off yesterday afternoon, sparked by Japanese authorities reducing the value of the yen.At 0700 AEDT, the Australian dollar was trading at 105.39 US cents, up from 105.29 cents yesterday.

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