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Spirited Australia, NZ dollars settle down for Brexit show
Imaduddin
22 Jun, 2016
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Copyright Reuters, 2016
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![](https://i.brecorder.com/images/2016/06/australia-dollar-june.jpg">SYDNEY/WELLINGTON: The Australian and New Zealand dollars consolidated recent gains on Wednesday with investors retreating to the sidelines a day before Britain votes on whether to stay in or leave the European Union.</P><P>The vote still looks too close to call, traders said, and a win for the 'leave' side was likely to cause turmoil in global markets. Conversely, a 'remain' vote would remove a major cloud over the global economy and trigger a relief rally in risky assets.</P><P>The Australian dollar was little changed on the day at $0.7453, having stepped back from $0.7513 - a high not seen in nearly two months.</P><P>)
