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Commodities Briefing - Categorized | Currencies, Market Pulse more

High-yielding currencies under pressure

Posted on 21 November 2008

From Market Watch: High-yielding currencies like the Australian dollar and the British pound tumbled against the U.S. dollar Thursday as investors fretted about declining stock markets and an unraveling world economy.

Sterling dropped 1.5% to $1.4734, and the Australian dollar plunged 4.1% to 61.04 U.S. cents….. Full Article: Source


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