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China says commodity prices outpacing global recovery

By   || March 4, 2010 at 04:08 GMT
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AUD/USD and AUD/JPY have fallen back towards their session lows at .9020 and 79.75 respectively. Dealers say that interest remains very patchy.

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2 Responses to “China says commodity prices outpacing global recovery”

  1. Ganesh on March 4th, 2010 04:27 GMT

    hi lee

    for nearly one month usd n jsy were strg agaist the gbp n eur. is it a reason jpy n usd fallen back/. ? so can we expect eur n gbp may rise

    thank you

  2. Sean Lee on March 4th, 2010 04:39 GMT

    Hi Ganesh. Not very sure about anything at the moment I’m afraid. Overall I think the JPY might continue to strengthen (ie USD/JPY, GBP/JPY, EUR/JPY all lower) but EUR will perform better than the GBP. No major reasons, just market re-positioning

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