Bears circle as AUD cracks five year low

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bogged-down

by Chris Becker

The Aussie battler, alongside all other USD currency pairs, gapped down on the open to 80.60 before recovering and hitting 81 cents in the Asian session.

But as Asia heads to the pub and Europe wakes up and smells the roses, the Aussie has cracked to a new five year low below 80.40:

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