Australian dollar slides

dollar161The Australian dollar has fallen Tuesday, buying 69.45 US cents from 69.75 US cents on Monday.

Yesterday, the local currency lost ground as the stalemate in Sino-US trade talks clouded the outlook for the Asian giant in its demand for resources.

The Aussie dollar slipped 0.4 per cent to 69.75 US cents on Monday and ever closer to the recent four-month trough at 69.60 US cents.

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