Australian dollar falls

dollar14The Australian dollar has slipped back against the US dollar, which rebounded along with the major US share markets following appointment of a special counsel to head a key federal investigation in the US.

At 0635 AEST on Friday, the local unit was worth 74.19 US cents, down from 74.47 US cents on Thursday.

The Aussie dollar was also lower against the yen and the euro.

AAP

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