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Australian Dollar weakens against USD due to soft US job growth and China's economic slowdown.
The Australian Dollar weakened against the US Dollar due to softer US job growth and China's declining economic indicators.
China's February CPI and PPI both showed negative growth, impacting the AUD/USD.
The Reserve Bank of Australia remains cautious on lowering interest rates, while the health of the Chinese economy and the price of Iron Ore, a key Australian export, continue to influence the AUD's value.
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El dólar australiano se debilita contra el USD debido al suave crecimiento del empleo estadounidense y a la desaceleración económica de China.