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Wednesday, 30 May 2012

DailyFX - Forex Market News: US Dollar and Yen Rally as Aussie Leads Commodity Currency Decline

DailyFX - Forex Market News
Forex Market News
US Dollar and Yen Rally as Aussie Leads Commodity Currency Decline
May 30th 2012, 13:36

With Euro-zone concerns back in high gear after downbeat data this morning, investors searching for liquid assets have shed risk-correlated assets, such as the Australian and New Zealand Dollars, in favor of safer assets, in the form of German Bunds, the Japanese Yen, and the US Dollar.

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