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Recent financial reports indicate concerns over the Australian dollar's depreciation, with it hitting a two-year low of 63.5 US cents and fears it could sink further. The Australian share
market also slipped by 1.7%. Technical analysis for EUR/USD, USD/JPY, and AUD/USD for the week of Dec 23-27 is available. Hypothetically, if the AUD depreciated by 90%, it would drastically impact the economy. Protecting against inflation typically involves diversifying investments and considering assets like gold or real estate.
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