Aussie May Fall to 96 U.S. Cents, Westpac Says

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June 7 (Bloomberg) -- Justin Smirk, senior economist at Westpac Banking Corp., talks about the Australian economy, the local currency, and central bank monetary policy. Australian employers unexpectedly added workers in May, the third straight monthly increase, as the nation’s resource-driven economy spurs hiring. The local dollar headed for its longest streak of gains since February. Smirk speaks from Sydney with Rishaad Salamat on Bloomberg Television's "On the Move Asia." (Source: Bloomberg)


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