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Australia dlr takes comfort in Shanghai steps, jobs data

By Wayne Cole SYDNEY, May 19 (Reuters) - The Australian and New Zealand dollars were re-taking lost ground on Thursday as signs of an easing in Shanghai's lockdown helped steady sentiment after a rout on Wall Street. The Chinese financial hub will allow more businesses in zero-COVID areas to resume normal operations from the start of June, stirring
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Australia, NZ dlrs let down as wages fail to perk up

By Wayne Cole SYDNEY, May 18 (Reuters) - The Australian dollar took a step back on Wednesday after long-awaited data on wages proved softer than market bulls had bet on, quashing calls for faster rate rises and sending bond yields lower. The Aussie peeled away to $0.6999 AUD=D3 , from an early high of $0.7046, having failed to clear resistance at $
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Australia, NZ dlrs enjoy rare rally; RBA flags June hike

By Wayne Cole SYDNEY, May 17 (Reuters) - The Australian and New Zealand dollars were trying to sustain a rally on Tuesday as speculators took some profits on short positions and Australia's central bank signalled another rate hike was on the cards for June. The Aussie clambered up to $0.6996 AUD=D3 and away from a two-year trough of $0.6829 touched
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Australia, NZ dollars toppled by China data shock

By Wayne Cole SYDNEY, May 16 (Reuters) - The Australian and New Zealand dollars suffered a fresh setback on Monday when stunningly weak economic data out of China stoked fears of a global recession, undermining risk assets and commodities. Chinese retail sales sank 11.1% in April from a year earlier, far beyond forecasts of a 6.1% drop and testimon
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Australia, NZ dollars hit two-year trough as China casts a long shadow

By Wayne Cole SYDNEY, May 13 (Reuters) - The Australian and New Zealand dollars looked set to notch another week of heavy losses on Friday, as growth forecasts for China were downgraded and the yuan extended its decline. The Aussie was lying at $0.6870 AUD=D3 , after a 1.2% drop overnight brought losses for the week to an eye-watering 2.8%. It dive
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