THE Australian dollar was lower today after a news article raised fears about the continuation of China's economic boom.
At 1200 AEST today, the Australian dollar was trading at 104.43 US cents, down from 104.80 cents yesterday.Since 0700 (AEST) today, the local unit traded between 104.22 US cents and 104.76 cents.
After trading in a tight range for most of the morning, the Australian dollar fell half a US cent to its morning low point after a FT.com article raised fears about Chinese economic growth.
Read more: http://www.news.com.au/business/dollar-lower-amid-china-growth-worries/story-e6frfm1i-1226122019720#ixzz1W5LBxhDD
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