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President Donald Trump says the US dollar will get 'stronger and stronger'.

Trump's comments send the Aussie dollar diving

The Australian dollar has dived after President Donald Trump told CNBC he wants a strong US dollar, contradicting comments made by Treasury Secretary Steven Mnuchin one day earlier.

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04:01

Australia Q4 CPI to drive the AUD

While the USD can't find a friend, Australian Q4 CPI should influence interest rate expectations and the AUD, which is gaining not just against the USD but on a trade-weighted basis. This video was produced in commercial partnership between Fairfax Media and IG Markets.

The S&P/ASX 200 index edged down 4 points, to 0.1 per cent, to 6050.

ASX slides, $A shines

ASX investors ended a holiday-shortened week on a downbeat note, while the Australian dollar briefly vaulted back over US81¢.

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01:21

Shorten fires back

Labor leader Bill Shorten says his request for more detail about the trade deal Australia is set to sign, is smart and responsible and he won't blindly support it.

Investors are playing it safe.

8@eight: ASX set to open lower

The local sharemarket is poised to open lower on the back of retreats on global markets, with futures pointing to a 14-point drop.

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