Australian Dollar slips on European debt issues

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/FP

The Australian Dollar lost 0.2% to $1.0405 in the end of Pacific Ocean trading session on Tuesday. After yesterday's 0.4% gains, the Aussie slipped on new issues of Europe's debt crisis, as the European finance ministers did not verify Greece bailout financial plan of €32.6 billion. Analysts say that Europe is likely to turn into recession, what will drag the global economy down.

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Tue, 13 Nov 2012 10:17:55 GMT

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