Aussie and Kiwi end the fifth straight week higher

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Source: Bloomberg
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New Zealand and Australian Dollars appreciated against their US peer on Friday as Spain and France faced successful bond auctions, boosting investor sentiment and stimulating demand for more risky assets. Aussie reached $1.0409 on Friday making 0.8% weekly gain while Kiwi traded at $0.8022 or 0.9% higher compared to January 13. 
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Fri, 20 Jan 2012 08:42:30 GMT

Canadian inflation is likely to have accelerated in 2011

Canada's inflation probably accelerated at the fastest pace in 2011 since the country began inflation level targeting in 1991. According to the poll of economists, the consumer price index surged by 2.7% in December on annual basis. November annual inflation rate reached 2.9%. Bank of Canada expects inflation to slow down to annual 1.5% through April-June period. The official report will be issued

Fri, 20 Jan 2012 07:58:12 GMT

Yields decline as Spain and France auction bonds

Borrowing costs dropped on Thursday as Spain and France successfully sold their sovereign bonds. France auctioned 7.97 bn Euros of debt, almost as much as it had planned. The average yield for French two-year notes slid from 1.58% in October to 1.05%. Spain managed to sell 6.61 bn Euros of notes with different maturities, almost 2 bn Euros more than the country

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