Trade Resources Economy Australian Dollar Lost Ground After Commodity Prices Fell in Overnight Trade

Australian Dollar Lost Ground After Commodity Prices Fell in Overnight Trade

Tags: economy

THE Australian dollar lost ground after commodity prices fell in overnight trade and as traders await tonight?s testimony to Congress by US Federal Reserve Chairman Ben Bernanke.

At 6.30am AEST the local unit was trading at 98.07 US cents, down from 98.17 cents at yesterday's local close.

Source: http://www.theaustralian.com.au/business/markets/commodity-price-slide-pushes-australian-dollar-lower/story-e6frg94o-1226648038080
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Commodity Price Slide Pushes Australian Dollar Lower
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