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AUD has experienced a difficult start to 2013, with the currency one of the main casualties of the normalisation process and the revival in EUR enthusiasm, according to the HSBC FX research team

- Recent JPY weakness is likely to have prevented further AUD weakness and if we are to see a reversal in the JPY's fall, the AUD is vulnerable to a carry unwind similar to that seen in 2008.

11 Feb 2013 - 04:36- - Source: Newswires

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