| 24.05.2011 - Aussie dollar rallies as Goldman recommends buying commodities |
| The Australian dollar rallied after Goldman Sachs Group Inc. recommended investors buy commodities, boosting prospects for the nation's exports. The so-called Aussie also rose against all its major counterparts after Robert Nicholl, the head of the government's debt management, said the currency is gaining stature as a reserve currency for foreign central banks. New Zealand's dollar pared yesterday's losses..............................................Full Article: Source |