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Australian Dollar Ends Year Flat, Maintaining Close Correlation With S&P 500
Seeking Alpha 2011 is also now the second year in a row where the Australian dollar has performed similarly to the S&P 500 (SPY). In 2010, the S&P 500 gained 13% and ended with a yield of 1.9%. The S%P 500 ended 2011 flat with a yield of 1.96%. … |