Australian dollar falls

dollar16The Australian dollar has fallen Monday, buying 71.66 US cents from 71.92 US cents on Friday.

Last Friday, the local currency is higher after a report of progress in the US-China trade dispute buoyed encouraged traders to move into higher-risk, higher-yielding investments.

The blip came after the Wall Street Journal reported US Treasury Secretary Steven Mnuchin had discussed lifting some or all tariffs imposed on Chinese imports to help push negotiations forward.

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