Euro continues to rise against the dollar

Posted 31/12/2010 05:16 PM


NEW YORK - The euro continued to climb against the U.S. currency on Friday to jump Foy level of $ 1.34, while the Australian dollar was the highest level in 28 years against its U.S. counterpart in thin trading at the end of the year as investors bet on continued strong global growth in 2011.
The euro climbed to 1.3424 dollars at extending its gains to 1 percent.
The Australian currency rose to 1.0220 dollars, its highest level in 28-year high around 0.3 percent from its level at the beginning of the meeting.
And raise global growth strong global - and especially in China - commodity prices gave a boost to the Australian dollar. China Imported important raw materials from Australia.

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