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SYDNEY, Feb 2 Asia Pulse - The Australian dollar was stronger at noon on a lacklustre day of trading, ahead of the upcoming Group of Seven meeting of industrial nations.
At 1200 AEDT the local unit was trading at $US0.7645/50 compared with Friday's close of 0.7601/06.
It reached a high of $US0.7652 and a low of $0.7634 in morning trade.
The United States dollar reversed its earlier gains to close weaker against the euro on Friday following a two-day rally triggered by the US Federal Reserve hinting interest rates could rise sooner than expected.
This drove the Australian dollar higher, although St George Bank foreign exchange trading manager Stuart Moore said trading had been almost non-existent this morning.
"(The market is) obviously waiting for offshore moves tonight in the US dollar, and ahead of the G7 at the end of the week, and the RBA rate announcement on Wednesday morning," he said.
"Going into the ...