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Australian dollar trades slightly down

Xinhua, June 11, 2015 Adjust font size:

The Australian dollar is slightly lower in spite of the U.S. dollar weakening in overnight trading following robust comments by Japan's central bank governor.

The Australian dollar was trading at 77.10 U.S cents of Thursday, down from 77.17 U.S. cents on Wednesday.

The currency was supported overnight as the greenback softened after Bank of Japan governor Haruhiko Kuroda said the yen was unlikely to depreciate further.

But the Australian dollar lost about a quarter of a U.S. cent after the Reserve Bank of New Zealand cut its interest rate by a quarter of a percentage point to 3.25 percent. Endi