| Commodity-linked currencies like the Australian and Canadian dollars pulled back from recent peaks on Wednesday as a rally in crude oil prices stalled after a oil workers' strike in Kuwait ended.
The Aussie was down 0.3 per cent at $0.7791. It had climbed on Tuesday to $0.7827, a high not seen since June, as global risk appetite had improved thanks to an earlier sharp bounce in crude oil and equities, with US stocks coming within reach of a record high. The US Federal Reserve's caution over raising interest rates, coupled with ultra-loose monetary policies in Japan and Europe, has boosted the appeal of the higher-yielding Aussie this year...............................................Full Article: Source
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