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APAC Currency Corner – Commodities On Fire

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 13, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Aussie was on fire overnight. Traders took cues from firming global equities with commodities prices gaining a foothold amid a broad commodity rally. It was a classic risk-on rally. Iron touched the USD 60.00 per ton handle as traders speculated on a pickup in demand from Chinese steel mills.[​IMG]

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