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Dollar Firmed at 13-Year High, Crude Oil Gained on Hopes of OPEC Deal

US dollar remains first in Asia Monday, after the bond-driven rally that had sent the USD index (DXY) to the highest level since 2003 last week. The strength in US dollar has put commodity currencies under pressure and paused the post-Trump rally in Wall Street. Australian dollar fell for a second consecutive week, losing -2.89% against US dollar last week following a -1.56% in the prior week. New Zealand dollar also recorded a -1.43% against US dollar, after a -2.84% a week ago.

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Dollar Firmed at 13-Year High, Crude Oil Gained on Hopes of OPEC Deal

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