Sunday, June 3, 2007

Australia Dollar Trades Near a 17-Year High as Prices of Gold, Copper Rise

(Bloomberg) -- The Australian dollar traded near a
17-year high as prices for metals exported by the nation
including gold and copper climbed.

The currency advanced after a measure of six metals on the
London Metal Exchange gained 2.5 percent last week, the most in
a month. Mining and energy exports account for half of
Australia's shipments.


Read more at Bloomberg Currencies News

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