03.12.2013 - Commodity currencies see strong gains, sterling shines
Commodity currencies gained sharply on Monday following positive data from China, while the British pound soared on expectations of early policy tightening by the Bank of England. Investors bought the Australian and New Zealand dollars after a survey on Sunday showed China's factory growth held at an 18-month high in November, an outcome that was slightly ahead of expectations. Both Australia and New Zealand are highly leveraged to China's economic cycle.....................................Full Article: Source
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