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NY CLOSE UPDATE 12/9/2018

NEW CLOSE UPDATE 12/09/2018

U.S Dollar edged up againts a basket of major currencies on Tuesday as concerns about trade friction between China an the United States prompted some safe-heaven buying of the currency.

The Australian dollar was another casualty of the trade tension between Beijing and Washington, falling to its weakest level against the Greenback since February 2016.

The Euro initially rose 0.4 percent to $1.16445 before turning lower in early U.Si trading. The Australian dollar was down 0.26 percent to $0.70940.

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