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5pm

Dollar up despite cautious mood

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At 5pm (AEDT), the Australian dollar was trading at $US0.8871, up from yesterday's close of $US0.88. From 7am (AEDT), the local unit had traded between $US0.8883 and $US0.8829. 4Cast financial markets economist Michael Turner said the unit was lifted off its intra day lows in line
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