Aussie rises before European leaders meeting

Note: This section contains information in English only.
Source: Bloomberg
The Aussie strengthened versus all of the major peers before Europe's policy makers meet this week in order to discuss ways to stem the Eurozone's debt crisis. The Australian Dollar climbed against the U.S. Dollar and Japanese Yen on speculation the ECB will cap bond yields in the Euro bloc. The Aussie gained 0.3% to $1.0447 following a 1.5% decline to $1.0420 last week.  
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Mon, 20 Aug 2012 08:04:46 GMT

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