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Markets Live: Aussie dollar takes next blow

The Aussie dollar has plunged to its lowest since June and bonds continue to sell off, while Telstra and Myer lead gains on the ASX in an otherwise fairly flat session on the local sharemarket.

  • Myer shares soar on stronger-than-expected same store sales, outpacing David Jones
  • Bonds resume their selloff, with the yield on the 10-year government bond hitting 2.72%
  • Gold stocks lead today's losers after the precious metal dropped to $US1215 overnight
  • US Federal Reserve chief Janet Yellen all but confirms the Fed will hike in December
  • The US dollar extends its Trump rally, rising to multi-month highs against Aussie and yen

Fairfax Media Australia

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