Aussie slides to 8-month low on building data

Note: This section contains information in English only.
Source: Bloomberg
The Australian currency fell to its lowest level in an eight-month period after the Bureau of Statistics released a report showing an unexpected decline of building approvals, adding to a speculation of interest rate cut by the Reserve Bank. The so-called Aussie dropped against most of its 16 major counterparts, decreasing 0.8% to $1.0125 and 0.9% to 94.61 yen.
Back to articles

Actual Topics

Mon, 04 Mar 2013 10:27:03 GMT

Yen rises as Chinese shares decline on tighter property market measures

The Japanese currency strengthened broadly as a notable decline of Chinese shares due to the Japan's government announcement about stronger curbs on mainland's property market made investors to buy Yen. The U.S. dollar tumbled 0.4% to 93.32 yen, while the Japan's currency rose 0.7% against the Australian dollar to 94.76.

Mon, 04 Mar 2013 09:54:04 GMT

Taiwan's Dollar forwards fall after China's PMI data

Taiwan's Dollar forwards declined as China's PMI dropped to 50.1 in February, the lowest level in five month, clouding the outlook for exporters to the nation's biggest market. One-month non-deliverable forwards fell 0.1% to NT$29.688 per U.S. Dollar, while one-month volatility rose 8 basis points to 4.83%.

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX 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.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
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.