The Australian dollar has jumped more than three-quarters of a US cent after surprisingly strong Chinese trade data and good US jobs figures. At 0700 AEDT on Monday, the local unit was trading at 91.33 US cents, up from 90.50 cents on Friday.
Dec 6 (Reuters) - Currency speculators trimmed their bets in favor of the U.S. dollar in the latest week, according to data from the Commodity Futures Trading Commission and Thomson Reuters released on Friday.
A strong run of US economic data and a particularly positive November employment report wasn't enough to lift the US Dollar as it fell against most major counterparts. Why is the Dollar so out of favor, and what could reverse its fortunes in the week ...
Investing.com - The U.S. dollar rose to two-year highs against the Canadian dollar on Monday, as demand for the greenback continued to be underpinned by expectations that the Federal Reserve will soon start tapering stimulus.