Aussie and Kiwi fall on European worries

Note: This section contains information in English only.
Source: Boomberg
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New Zealand and Australian dollars reached one-week low against Japanese Yen amid investor worries European debt crisis might worsen. Both Pacific currencies declined yesterday after ECB said its balance sheet has soared to 2.73 trillion Euros. Aussie depreciated 0.3% against Yen attaining ВҐ78.46 and dropping to $1.0090 against its US peer. Kiwi lost 0.2% against Yen reaching ВҐ59.78 in yesterday trade. AUD/JPY currently is trading at ВҐ78.45 and NZD/JPY is trading at ВҐ59.93.

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Thu, 29 Dec 2011 10:24:24 GMT

Euro Zone M3 money supply expands less than expected

The M3 money supply of the Euro Zone expanded less than expected last month. The ECB reported M3 money supply in the Euro Zone increased by 2% on an annual basis, being lower than 2.5% expected. Private sector loans expanded by 1.7% on an annualized rate while analysts predicted a 2.8% increase last month. Following the news, the Euro suffered losses against the Dollar with

Thu, 29 Dec 2011 09:45:18 GMT

Italy to sell 10-year bonds worth $11 billion

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