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Australian Dollar Climbs To Three-Week High On OPEC Deal

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Sep 29, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Organisation of the Petroleum Exporting Countries surprised investors earlier in the day by agreeing to cut oil output in the first such deal since 2008, boosting oil prices sharply. At the sidelines of an energy forum in Algeria, OPEC said it would reduce output by between 0.7 per cent and[​IMG]

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