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01/09/2011 - 06:43

$A rally eases ahead of PMI, retail sales

01/09/2011 - 06:43

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The Australian dollar was stronger after global equity markets posted another night of gains on the back of better than expected manufacturing and jobs data from the US.At 0710 (AEST), the Australian dollar was trading at 106.97 US cents, up from 106.86 US cents yesterday.

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