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Posted:
2017-10-17 22:10:47
The Australian dollar is steady against its US counterpart, as there was little news overnight to drive trade in currency markets.
At 0630 AEDT on Wednesday, the local currency was worth 78.47 US cents, up slightly from 78.46 US cents on Tuesday.
Westpac senior market strategist Imre Speizer said sentiment on financial markets was positive overnight with the Dow Jones index reaching new record highs.
The local current was also lower against the Japanese yen and the euro.
AAP
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