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    Aussie dollar tumbles, ASX rebounds from worst sell-off since March | Finance Report | ABC NEWS

    ABC News (Australia)
    October 2, 2026
    via ABC News (Australia)

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    Aussie dollar tumbles, ASX rebounds from worst sell-off since March | Finance Report | ABC NEWS

    The Australian share market has recovered slightly from its biggest one-day loss since the early days of the Iran War. The Australian dollar has fallen below 69.5 US cents, partly because markets are now betting the Reserve Bank's rate-hiking cycle is nearly over. AI data centre

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