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Aussie trades higher at noon

2009-11-03 11:00:47
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The Aussie was slightly higher at noon Tuesday as stronger buying of gold led to a recovery following a volatile offshore session which saw risk sentiment battered by conflicting economic leads.

At 12pm (AEDT), it was trading at $0.9073/76, up from Monday's close of $0.9045/50. During the morning, the unit traded between $0.9029 and $0.9082.

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The risk sensitive currency was battered overnight by falling equity and commodity prices.



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