Australia's currency lost to the majority of its main competitors as the number of skilled vacancies in August decreased by 0.3% in August from July and the pace of wage growth went down in the second quarter. As a result, investors became surer that the country’s central bank will leave the key interest rates unchanged at 4.5%.

Strategists Commonwealth Bank of Australia note that Aussie depreciated versus yen affected by the speculation that Japanese monetary authorities won’t intervene to the currency market in order to prevent the national currency from excessive strengthening. Specialists at Westpac Banking Corp. in Sydney advise investors to sell Australian dollar against yen as there’s a lot of uncertainty at the market and investors will prefer Japanese currency.

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