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SYDNEY, June 1 Asia Pulse - The Australian dollar waned slightly this morning to be weaker at noon, with the local market largely shrugging off key local economic data.
At 1200 AEST the local currency was trading at $US0.7136/41, compared with 0.7144/49 at yesterday's close.
This morning it reached a low of $US0.7130 and a high of 0.7170.
Arab Bank foreign exchange dealer Scott Young said most action in the Australian dollar had occurred before the 1130 AEST release of the nation's March quarter current account deficit and April retail trade figures.
He said the local currency had dropped from its intra-day high of $US0.7170 to around 0.7150 earlier in the morning.
"Clearly a couple of flows have gone through this morning that have ...