BLBG:Australian Dollar Declines as Signs of Slowing Global Recovery Damp Demand
Australia’s dollar fell against the U.S. currency as concern the global economic recovery is slowing damped demand for higher-yielding assets. The so-called Aussie traded at $1.0494 as of 11:08 a.m. in Sydney from $1.0526 yesterday in New York.
To contact the editor responsible for this story: Naoto Hosoda at nhosoda@bloomberg.net
