Carbon slips back after early rally
23 Oct 2009
Global carbon initially rallied through the week and moved through overhead resistance but has slipped back overnight to basically end unchanged for the week in Euro terms but is a bit weaker in NZ$ terms, OMFinancial reports.
The Kiwi continues to be firm - now trading at .5048 against the Euro. The NZ$ has rallied over 20 per cent against the Euro since February.
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