03.12.2013 - Commodity currencies go their separate ways

There was a time in the not so distant past when better data out of China, such as Monday’s manufacturing survey, would have delivered a wholesale boost to so-called commodity currencies. But such tight risk-on/risk-off correlations have faded and markets are now more nuanced. Hence the start of the week saw a mild boost for the Aussie and kiwi dollars but further weakness for their Canadian peer.....................................Full Article: Source

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