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Commodity Currencies Rise
Commodity currencies such as the Australian, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Monday, as a rebound in commodity prices and a lower greenback increased the demand for the currencies. Investors are also treading cautiously ahead of the U.S. Federal Reserve’s monetary policy meeting later this week. Analysts are still split…
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Morning markets: China data puts brakes on grain price rally
Soft Chinese trade data, including soybean imports below some forecasts, offset the US heat fears which have been boosting prices. Key data loom too
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