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Crude oil price rally propels commodity currencies

Published Tue, Apr 9, 2019 · 09:50 PM
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THE Australian and Canadian dollar rose on Tuesday, aided by a surge in oil prices to five-month highs that lifted most commodity-linked currencies.

Oil prices have rallied on expectations that global supplies would tighten due to fighting in Libya, OPEC-led cuts and US sanctions against Iran and Venezuela, a…

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