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XE Market Analysis: Asia – Nov 11, 2015

By XE Market Analysis

The dollar closed London near net unchanged versus the euro, modestly lower against the yen and more notably weaker in the case against sterling, which traded firmer, after an initial wobble, on an unexpected drop in the UK jobless rate to a new cycle low, which was accompanied with a new record high in the employment rate. The dollar also lost ground to the Aussie, despite six-year lows in copper prices following weak Chinese production data.

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Source:: XE.com

      

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