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Australian stocks higher after US stimulus: Afternoon market insights

The Australian share market ended the week on a high note, after the US Federal Reserve announced another round of quantitative easing. The ASX200 added 1.10% to 4387.0, while the broader All Ordinaries index gained 1.08% to 4407.0. The Australian dollar hit a one-month high today, buying $US1.05810.
Myriam Robin
Myriam Robin
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The Australian share market ended the week on a high note, after the US Federal Reserve announced another round of quantitative easing.

The ASX200 added 1.10% to 4387.0, while the broader All Ordinaries index gained 1.08% to 4407.0.

The Australian dollar hit a one-month high today, buying $US1.05810.

About the author

Myriam Robin

Myriam Robin is a reporter for SmartCompany and its sister site LeadingCompany. She has degrees in economics, international studies and journalism. She likes writing about businesses taking risks and doing new things.

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