Aussie rises as RBA holds rates

Note: This section contains information in English only.
Source: Bloomberg
Australia's currency climbed from a 6-week low as the RBA officials refused to decrease the benchmark rate, despite signs of further weakening in the global economy. On Tuesday, the Aussie surged 0.2% to $1.0266, after reaching $1.0224, the least since July 25. It rose 0.5% to 80.50 Yen. New Zealand's Dollar slid to 79.56 U.S. cents, the lowest since July 26, afterwards selling at 79.81 cents. Australia's 10-year note yields gained 2 basis points to trade at 3.09%.
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Tue, 04 Sep 2012 18:01:27 GMT

The Euro held steady versus the U.S. Dollar on ECB

On Tuesday, the Euro remained almost unchanged versus the U.S. Dollar, as it was supported by expectations that the ECB will announce measures to cope with Eurozone's debt crisis. The pair reached 1.2628, which was the highest since Friday, and consolidated at 1.2592, adding 0.02% for the European morning trading session. The pair's support was likely to be found at 1.2492, while the resistance was prone

Tue, 04 Sep 2012 19:07:26 GMT

Gold gains on stimulus expectations

Gold, selling close to a five-month high, advanced in New York after economic reports adding signs central banks may create further stimulus fueled demand. On Tuesday, December-delivery gold surged 0.3% to $1,692.10 per ounce in New York. Prices touched $1,669.60, the strongest since March 27. Gold for immediate delivery slid 0.1% to $1,689.50 per ounce in London.

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