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Australian, New Zealand dollars struggle, more policy stimulus unveiled

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The Australian and New Zealand dollars hovered near decade lows on Tuesday as the mounting economic damage from the coronavirus kept investors on edge, although a hefty helping of fiscal stimulus in New Zealand gave the kiwi a lift.

[SYDNEY] The Australian and New Zealand dollars hovered near decade lows on Tuesday as the mounting economic damage from the coronavirus kept investors on edge, although a hefty helping of fiscal stimulus in New Zealand gave the kiwi a lift.

The Aussie crawled up to US$0.6112 after...

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