NEW YORK: The dollar fell on Friday, reducing its monthly gain against a basket of currencies, as traders who favored commodity-linked currencies booked profits on gains tied to the U.S. Federal Reserve's unexpected hint it may raise rates in December.
A rise in oil and other commodities prices lifted the Australian and New Zealand dollar. The latter also got a boost from improved domestic business confidence, which advanced for a second month on a rebound in dairy prices.
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