Trends-AU

Stocks gain, dollar ebbs as investors bank on Fed cut

The main focus in the currency market was on the yen, which was pinned near a 10-month low, as the dollar gained another 0.3 per cent to trade at 156.86 yen. In November so far, the Japanese currency has lost around 1.8 per cent in value, making it the worst-performing major currency against the dollar this month.

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