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SYDNEY, Aug 1 Asia Pulse - The Australian dollar slipped below US$0.6500 overnight as a triple shot of positive economic data put a spring in the step of the United States dollar.
At 0700 AEST the Australian dollar was trading at US$0.6485/90 compared with yesterday's close of US$0.6522/27.
The local currency followed a soggy euro lower as poor economic data put the European unit on the back foot.
The Australian dollar slid from its closing level to US$0.6473 in the London trading session.
Then positive economic data added extra weight to the domestic unit's slide and it touched session lows of US$0.6464 in New York.
US jobless claims, an advanced look at economic growth and an index of business activity all came in ...
Source: HighBeam Research, FOREX - AUSTRALIAN DOLLAR OPENS LOWER - AUG 1, 2003.