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The United States and allied military forces will upgrade their missile defense capabilities under a new $944 million contract for production and delivery of Lockheed Martin (NYSE: LMT) Patriot Advanced Capability-3 (PAC-3) and PAC-3 Missile Segment Enhancement (PAC-3 MSE) interceptors.
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Euro vs. US-Dollar trades sideways at $1.1874
The euro trades little changed at $1.1874 after unsuccessfully testing the trendline resistance of $1.1900 on Thursday in the aftermath of the US Congress tax bill approving saga.
With the US Congress finally approving the Tax bill in a move perceived as a major political victory for the US President Donald Trump, the euro vs. US-Dollar trades sideways.
The US-Dollar took a raft of economic data in stride Thursday as investors assessed the ramifications of the sweeping tax overhaul approved by US lawmakers a day earlier. Third quarter US gross domestic product saw a slight downward revision to an annual pace of 3.2%
The euro could be active as Catalans vote for a new regional assembly. The ballot could produce a win for pro-independence parties, according tot he latest news.