The Australian bourse has slipped, with a sell-off in precious metals, oil and other commodities dragging down resource companies as the US dollar surges and more ships pass through the Strait of Hormuz.
The benchmark S&P/ASX200 index on Thursday finished 59.7 points lower at 8,748.7, a drop of 0.68 per cent, while the broader All Ordinaries fell 61 points, or 0.68 per cent, to 8,951.6.
