Thursday, 10 December 2015

Commodity-linked curriences rise in Asia

The dollar eased against most rivals in Asian trade on Thursday, with commodity-linked units enjoying support from a slight uptick in oil prices, while its Australian counterpart surged on the back of a strong jobs report.
The retreat in the greenback comes just a week before the Federal Reserve's next policy meeting where it is widely expected to hike interest rates, with some economists suggesting the move has been priced into the US unit.

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