Aussie rises recording largest weekly gain in 2 months

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Source: Bloomberg
The Australian Dollar, the worst-performing most-traded currency in 2013 together with Yen, increased on Friday and was set to record its largest weekly gain in a two-month period amid speculation that the recent decline was too rapid. The so-called Aussie jumped 0.6% to 89.68 U.S. cents and it has gained 1.1% this week, the most since October 18.

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Fri, 03 Jan 2014 10:46:05 GMT

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