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SYDNEY, Feb 2 Asia Pulse - The Australian dollar opened stronger today, after the United States currency reversed its earlier gains to close weaker against the euro on Friday.
At 0700 AEDT the local unit was trading at $US0.7638/43 compared with Friday's close of 0.7601/06.
Overnight, the Australian currency traded between .7543 and 0.7645.
The euro managed to hold above a 55-day moving average at around $1.2360 as profit-takers sent the US dollar lower.
The fall in the US currency follows a strong two-day rally, where traders interpreted a Federal Open Market Committee statement as a sign that US interest rates could be lifted sooner-than expected.
Also, an advance report on US gross domestic product (GDP) ...