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1.Market Observations, 8.Was Sticky

10 Nov 2016 (AFR) – Australian dollar plunges as Trump wins

(10 November 2016, AFR, p19, by Jessica Sier)

‘The Australian dollar plunged almost two cents on Wednesday, radically reversing a morning surge to a six-month high, as Donald Trump scored an unlikely victory in the US presidential election. The local currency tumbled 1.9 per cent on Wednesday afternoon to a low of US75.80¢ as Mr Trump’s chances improved. The Australian dollar had reached an intraday high of…’

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