Against the US dollar, the Australian currency edged higher to 0.7096 during early Asian deals on Tuesday. This set the highest point for the pair since January 9, 2009. If the pair gains further, 0.727 is seen as the next target level. The aussie-dollar pair that closed Monday's New York deals at 0.7054 is worth 0.7075 at 11:05 pm ET.

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