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Australian dollar gains on jobs data; New Zealand’s strengthens

Posted on 12 February 2009

From Bloomberg: The Australian dollar rose for the first time in three days after employers unexpectedly added full- time workers last month, signaling the economy may avoid a recession. New Zealand’s currency advanced.

Australia’s currency also gained against Japan’s yen, halting a two-day loss, after the statistics bureau report showed the number of people employed climbed 1,200….. Full Article: Source


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VRS - who has written 37583 posts on Opalesque Commodities Briefing.


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