Level: Asian Trade and Investors

level: Elsewhere in Asia, foreign investors removed cash from emerging markets to seek out better US returns, traders said, according to Nine News Australia. In Asian trade, the euro slumped to 1.0582, the lowest level since early December last year. A surge in the dollar to a near six-month high against the yen provided another rally for Japan Nikkei, with a cheaper Japanese currency helping exporters. The greenback also reached 110.93 yen, a high since the end of May. Gold slumped to a near six-month low at 1,202.81 an ounce. The strong dollar weighed on both gold and oil prices which are priced in the unit on international markets. (news.financializer.com). As reported in the news.

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