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Australian PM Rudd sees unemployment as being big problem

By Sean Lee  || June 30, 2009 at 23:43 GMT
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After the huge stimulus spending of the last six months, that’s not really what we had hoped to be hearing. The problem in Australia is that the economy is very open and the funds flow out easily. The AUD/USD is slightly firmer this morning, being dragged higer by some profit taking in cable and EUR/USD.

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