Aussie rebounds as investors speculate the drop was excessive

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
The Australian Dollar rose after reaching the lowest point since September 2010 as investors speculated that the currency dropped to fast. The Aussie increased 0.2% to 91.10 U.S. cents after it reached 90.37, the lowest level in almost 3 years. The currency was almost unchanged against the Yen and traded at 90.79. The yields on Australia's 10-year government bonds rose 5 basis points to 3.79.
Back to articles

Actual Topics

Thu, 04 Jul 2013 08:21:05 GMT

Eurozone's currency drops to almost one month low

The 17-nation currency was 0.6% from its lowest level in more than four weeks ahead of the ECB's meeting today, when Mario Draghi recently said that they will continue with monetary policy. The Euro fell 0.1% to $1.30 at 6:32 a.m. London time, while it dropped 0.1% to 129.84 Japanese Yen after slipping 0.5% on Wednesday.

Thu, 04 Jul 2013 07:37:05 GMT

Won appreciates on minister's comments

The South Korea's Won advanced today due to Finance Minister's comments that the government will interfere with some areas in the economy to increase competitiveness, employment and economic growth. The currency jumped 0.5% to 1,138.45 per U.S. Dollar, while Goldman Sachs predicts that the Won will rise to 1,110 in three months,.

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.