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Reaction to the RBA Policy statement has.....>

AUSSIE
AUSSIE: Reaction to the RBA Policy statement has seen the Aussie drop from
around $0.7970 to $0.7948, local traders cited RBA's 'Appreciating Aussie would
slow economic pickup' comment behind the move, however, RBA does note that
forward indicators point to solid employment growth. Aussie now back up to
$0.7960. Asia's top of $0.7985 is initial resistance, while hourly support is
found at $0.7942.

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