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Australian Dollar Hits Lowest Level Since March as Markets Weigh AI Regulation After US Midterms

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Summary

The Australian dollar fell 2.3% last week to about US$0.6866, its weakest level since March, as AI concerns, shifting rate expectations and a weaker economic outlook unsettled investors.

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    Australian Dollar Hits Lowest Level Since March as Markets Weigh AI Regulation After US Midterms

    The Australian dollar fell 2.3% last week to about US$0.6866, its weakest level since March, as AI concerns, shifting rate expectations and a weaker economic outlook unsettled investors.

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