WORLD FINANCE UPDATE:
The Australian dollar is slightly lower as the currency stays in a range just above 70 US cents amid speculation that the US Federal Reserve will raise its interest rate in December.
At 0630 AEDT on Thursday, the currency was trading at 70.58 US cents, down from 70.64 cents on Wednesday.
And the Australian share market looks set to open lower after US shares mainly fell with a drop in oil prices weighing on energy stocks and limiting gains.
At 0645 AEDT on Thursday, the December share price index futures contract was down 12 points at 5,116.
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