Australian Dollar Drops
11 October 2007
The Australian dollar has fallen to 89.75 U.S. cents today, having reached a 23 year high of U.S. 90.22 cents on Monday Oct. 8.
The Australian dollar may fall further should the jobless figures released by the Bureau of Statistics today, continue to show 4.3 percent unemployment levels.
The Australian dollar is sure to quickly surge forward towards Monday's 23 year record high should the unemployment figures drop lower than the current levels.
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