Dollar hits 19-month high, miners gain as banks fall

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Dollar hits 19-month high, miners gain as banks fall

The local share market has finished slightly lower amid signs traders were selling Australian banking stocks at multi-year highs to move into the beaten-down mining sector

Significant stimulus measures enacted this week by China were behind the boost to the major miners, as the liquidity injections into the world’s second-biggest economy sent metals prices soaring.

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