Asia Session - October 20, 2009 2:08 AM

The Dollar’s woes continued once again today in Asia as it hit new lows for 2009. The causes for the fall differed, with many traders citing the fact that interest rates in the US look to remain low into 2010 while conversely, the RBA minutes showed a hawkish stance that could see rates raised two more times before the year’s end. Added to this mix were higher equities in the US, and that wave of optimism and opportunity that spilled over into Asian equity trading.
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