| 09.12.2008 - Australian dollar rises on commodity prices |
| From Theage.com.au: The Australian dollar is higher after stronger commodity prices and further rallies on Wall Street lifted the currency towards $US0.6700. Around midday, the dollar was trading at $US0.6615, up from Monday's close of $US0.6534. The dollar opened stronger at $US0.6675, boosted by higher commodity prices and a rallying stock market during New York trading, but the unit soon hit resistance just below $US0.6700 and fell back towards $US0.6600..... Full Article: Source |