CBS News | Aust dollar closes slightly higher The Age The Australian dollar has closed relatively flat as investors hold out to see how European markets react to Italy's election results. At 1700 AEDT on Tuesday, the currency was trading at 102.82 US cents, slightly up from 102.79 US cents on Monday. Investors spooked as protest vote leaves hopes of stable Italian government fading Lower Australian dollar feels pinch of Italy election stalemate Italy faces the prospect of a hung parliament |

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