Aussie depreciates on interest rate projections

Note: This section contains information in English only.
Source: Bloomberg
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New Zealand and Australian Dollars weakened versus most of their counterparts after slower CPI in Australia fuelled speculation, the Reserve Bank of Australia will cut interest rates. Aussie fell 0.7% against greenback to USD 1.0247 while Kiwi traded flat at USD 0.8132 after falling 0.5%. Currently AUD/USD is trading at USD 1.0318 and NZD/USD is trading at USD 0.8111.    
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Wed, 25 Apr 2012 09:04:30 GMT

S&P 500 added 0.4% on Tuesday

S&P 500 index advanced on Tuesday supported by earnings and improved investor sentiment over Europe. US index added 0.37% or 5.03 points, and finished at 1,371.97. Hershey Foods and Regions Financing rallied 6% and 5.9% as both companies outperformed Wall Street's expectations. Big Lots tumbled 24% after retailer cut its fiscal first quarter sales outlook citing weaker demand for electronics.

Wed, 25 Apr 2012 07:47:30 GMT

Loonie appreciates on stocks and oil

Canadian Dollar advanced versus its US peer on Tuesday as crude and shares rallied amid speculation Bank of Canada may increase interest rates. Loonie climbed 0.4% versus greenback to CAD 0.9871. Canadian currency is heading towards a 1% gain against US Dollar in April. Currently USD/CAD is trading at CAD 0.9871.

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