The Australian currency wiped out its early losses against its major opponents in Asian morning deals on Monday.
The aussie is now trading at 1.1886 against the kiwi, 0.9614 against the greenback, 91.11 against the yen, 0.9766 against the loonie and 1.3866 against the euro, recovering from an early multi-week low of 1.1835, 4-day lows of 0.9555, 89.81, 0.9717 and 1.3981, respectively.
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