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Commodities Briefing - Categorized | Currencies more

Dollar gains as riskier currencies falter

Posted on 31 January 2013

The US dollar rose against its leading counterparts as risk-related currencies pulled back from recent highs while the UK pound was a notable underperformer.
Sterling hit its weakest level in more than five months against the dollar amid negative sentiment on the UK economy after figures released on Friday showed a sharper-than-expected contraction in growth in the fourth quarter of last year………………………………………..Full Article: Source


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