Saturday, November 29, 2014

Weekly Review and Outlook: AUD, CAD Broadly Lower on Commodity Selloff

Commodity currencies ended as the weakest major currencies in a holiday shortened week following the selloff in commodities. In particular, WTI crude oil slumped to 4 year low as OPEC decided to keep quota steady and closed at 65.99, comparing to last week's close of 73.88. Gold also seemed to



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