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The Australian dollar recovered from early weakness to end Wednesday little changed.
The Australian dollar remains weaker with traders selling in the absence of good news on the local economy.
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Australian shares were stronger at noon, as investors await news on stimulus from the US Federal Reserve.
Australian shares have opened stronger as investors look to whether the US will alter its stimulus program.
The Aussie dollar is weaker as speculation of a scaling down in US stimulus measures boosts the greenback.
US stocks have risen as investors bet the Federal Reserve will stay the course on its stimulus policy.
Gold has settled at its lowest price in a month amid fears for the end of the Fed Reserve's stimulus efforts
Asian markets were mixed on Tuesday, with traders sitting on the sidelines.
A further $9 million has been wiped from the market value of Elders.
New Zealand shares rose on Tuesday, with Xero resuming its ascent to a new record.
Shares in Elders have fallen after the company announced it had rejected a takeover bid by Ruralco.
An industry survey says gains in the US housing market have boosted homebuyer confidence
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