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NZ dollar rises as commodities rally

Posted on 26 May 2011

The New Zealand dollar rose against most major currencies, after commodity prices and equities snapped their recent streak of declines.
Global commodity prices kicked off the relief rally, with the Thompson Reuters Jefferies Index, a measure of 19 hard and soft commodities, gaining 1.6% to 344.44, with oil prices leading the charge……………………………………….Full Article: Source

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VRS - who has written 36638 posts on Opalesque Commodities Briefing.


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