Australian PM Gillard speaking in Canberra
Adds;
- Non-resource sectors of the economy are picking up
- Stronr Australian dollar reflects strengths in the economy
- Sustained deprecation of AUD would help non-mining
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There is still intense speculation about Gillard’s hold on the ruling-party ALP’s leadership position ahead of the September 14 election.
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AUD/USD has popped as high as 9235/40 this morning after trading below 0.9200 in early going. Currently 0.9230/33
