Can the Australian Dollar Hold on to Record Gains?

The volatility of the last couple weeks has manifested itself in some unbelievable outcomes. In this post, I want to focus specifically on the Australian Dollar. When the Japanese disasters struck, the Aussie immediately tanked, as investors jettisoned risk and moved towards safe haven currencies. Only days later, it inexplicably rose 5%, en route to [...]

Source: http://www.forexblog.org/2011/04/can-the-australian-dollar-hold-on-to-record-gains.html

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