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Yen exchange rate: Australian dollar hits 10-year high against Japan s currency after collapse

The Australian dollar hit a near-decade high against its Japanese counterpart. But history shows such gains could quickly reverse.

AUD/USD: Australian dollar nears US66¢ as tailwinds including hawkish Reserve Bank and iron ore price

The Australian dollar is trading near a four-month high as a faltering US dollar, stronger yuan and rallying iron ore prices lift the local currency.

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