Japanese trade balance declined more than projected in March

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Source: Forexpros
The trade balance of Japan dropped more than initially expected in March, reported the Ministry of Finance. Japan's deficit approached 621 million Yens as compared to deficit of 321 million Yen in February.   Analysts expected Japan's trade balance to decrease to minus 430 million Yen in March.
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Thu, 19 Apr 2012 11:31:15 GMT

Kiwi depreciates on drop in commodity prices

New Zealand's Dollar weakened, reaching a 1-week record low against its US peer as the prices of commodities declined, hampering investor interest for currencies of raw material-exporting nations. Kiwi tumbled 0.6% versus US Dollar to USD 0.8159 while Aussie slipped 0.3% to USD 1.0359. Currently NZD/USD is trading at USD 0.8162 and AUD/USD is trading at USD 1.0358.

Thu, 19 Apr 2012 11:20:14 GMT

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