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SYDNEY, June 2 Asia Pulse - The Australian dollar opened weaker from Friday's close as currency traders across the world wait and watch for any hint of direction coming out of the G8 summit in France.
Leaders of the world's richest nations were reportedly due to discuss issues such as the weakening United States dollar and the strengthening euro and yen and their effects on the global economy
At 0700 AEST the Australian dollar was at US$0.6505/10 from Friday's close of US$0.6536/41.
The Australian dollar saw very little action in European and US trade on Friday, sliding moderately as the attention of the market began to turn towards the G8 summit.
In New York trade the Australian dollar ...
Source: HighBeam Research, FOREX - AUSTRALIAN DOLLAR OPENS WEAKER - JUNE 2, 2003.