Commodity Currencies Find Support as Oil Gains |
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Commodity Currencies Find Support as Oil Gains The dollar traded mixed versus its rivals Wednesday, erasing earlier gains against the Australian and Canadian dollars after crude oil prices rose for the first time in four days. The euro, trading on both sides of the 1.49-area support, was little changed in late trading. Sterling plunged after the Bank of England saw serious trouble in the UK economy but downplayed the risk of prolonged inflation. The USD/JPY initially fell despite contracting
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