“The Australian dollar fell to a two-week low and domestic bonds advanced as concern political clashes are hampering attempts to resolve Europe’s debt crisis sapped demand for riskier assets.
The so-called Aussie touched the weakest in almost three weeks against the yen after Artur Mas, the president of Catalonia, called early elections and said Spain’s richest region should seek “self-determination.” The country’s Prime Minister Mariano Rajoy is struggling to persuade his compatriots to accept the deepest austerity measures on record. New Zealand’s dollar declined after the nation posted a trade deficit that was bigger than economists estimated.”
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