Aussie declines as RBA signals easing, Krona falls

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/FP
The Australian Dollar depreciated 1% to 90.87 against the greenback as of 9 a.m. in New York after the Reserve Bank of Australia Chairman Glenn Stevens said that there is still room for interest rate cuts and the currency may weaken further. Also Swedish Krone fell 1.2% to 8.6890 versus the Euro after preliminary data showed that Sweden's economy has contracted 0.1% in the second quarter.
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Tue, 30 Jul 2013 15:29:06 GMT

Greenback ignores weak consumer sentiment data

The U.S. Dollar traders are a little bullish even as data showed weaker-than-expected consumer sentiment in July. Median estimate was 81.3, while the actual figure was 80.3. The greenback recovered from its intranet low versus the 17-nation currency tand traded at$1.3244 at 10:39 a.m. EDT. Investors await the Fed and ECB meetings which will give more information about monetary policies.

Tue, 30 Jul 2013 15:07:05 GMT

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