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Australia, NZ dollars find some support, trend still down

SYDNEY: The Australian and New Zealand dollars steadied above multi-month lows on Wednesday as a global bond selloff paused overnight, helping risk sentiment in the absence of local data. The Aussie was flat at $0.6982, having edged up 0.2% overnight and further away from the recent 13-week trough of $0.6904.

Japanese shares fall as investors book profits from rally

TOKYO: Japanese shares fell on Wednesday, led by declines in AI-related stocks, as investors tried to book profits from the latest fast-pitched rally. The Nikkei fell 0.86% to 70,074.13 by the midday break. The index exceeded the 70,000 mark this week for the first time in three months and has risen nearly 5% this month.

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