Aussie strengthens to 4-year high versus Yen on China export data

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Source: Bloomberg
The Australian Dollar advanced to a 4-year high against the Yen and 3-week high versus the U.S. Dollar as China's data indicated imports increased to a record in the country's biggest overseas market. The Aussie rose as much as 0.3% to $1.0552 after fetching $1.0555, the strongest level since December 18. Australia's currency appreciated 0.7% to 93.03 yen, the most since 2008.
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Thu, 10 Jan 2013 08:16:03 GMT

Kiwi rises to 4-year high versus Yen as global stocks advance

The New Zealand Dollar rose to four-year high against the Japanese Yen as optimism U.S. corporate earnings will increase for a third successive year boosted global stocks. The kiwi touched 73.94 yen, the strongest level since September 22, 2008, before fetching 73.85, up 0.1% from the yesterday's close in New York. New Zealand's currency traded at 83.95 U.S. cents following

Thu, 10 Jan 2013 07:54:07 GMT

Yen weakens as Abe repeats call for BOJ to double inflation target

Japan's currency fell for a second successive day and approached the lowest level in more than two years versus the U.S. Dollar as Prime Minister Shinzo Abe called for the Bank of Japan  Governor Masaaki Shirakawa to increase the inflation target. The Yen lost 0.3% to 88.15 per U.S. Dollar from a day earlier, when it weakened 0.9%.

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