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Rate Differentials Drive Yen Lower, Aussie at 29-Year Peak

March 29, 2011

The yen fell broadly on Wednesday, hitting 10-month lows against the euro and touching its lowest level in nearly three weeks versus the dollar as interest rate differentials widened in favor of U.S. and European currencies. 

Source: http://www.cnbc.com/id/42329873?__source=RSS*tag*&par=RSS
 
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