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SYDNEY, April 1 Asia Pulse - The Australian dollar surged after the United States dollar dropped against the euro and the yen, following a disappointing report on regional manufacturing in the Chicago area.
At 0700 AEST the Australian dollar was trading at .7665/70 compared with yesterday's close of 0.7594/99.
It traded between $US0.7531 and 0.7670 overnight.
The US dollar had its biggest decline against the euro in two weeks after the National Association of Purchasing Management-Chicago said its gauge of regional manufacturing dropped to 57.6 in March from 63.6 in February.
The report showed that job creation had unexpectedly stalled in the US Midwest last ...