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AUD/JPY Reaches Seven-Month High as Rate Cut Isn’t Expected Posted: 24 Feb 2012 04:10 PM PST The Australian dollar climbed to the highest price in more than in seventh months against the Japanese yen as speculations about an interest rate cut receded, while general mood on the Forex market was supportive for higher-yielding currencies. The Australian currency was down versus the US dollar and the euro.(...) |
Pound Climbs with Annual GDP Growth Posted: 24 Feb 2012 02:13 PM PST The Great Britain pound jumped today, reaching the highest rate in more than five months versus the Japanese yen, after the report showed that the UK economy shrank last quarter on a quarterly basis, but expanded on an annual basis.(...) |
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