Aussie climbs on domestic economy optimism

Source: Bloomberg
The Aussie was 0.6% from its four-month high after report posted home-loan approvals increased 1.3% in June by the most in 2012, increasing signs of boost in the economy. On Wednesday, Australia's Dollar fell to $1.0545 after reaching $1.0604, the highest since March 20. Aussie dropped 0.4% to Y82.68. The Kiwi fell 0.4% to 81.25 U.S. cents. It slipped 0.7% to Y63.72.
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Wed, 08 Aug 2012 09:45:13 GMT

Copper falls in New York

Copper dropped after a three-day increase. On Wednesday, copper for September delivery decreased 0.5% to $3.425 per pound in New York, after reaching $3.449 yesterday, the strongest level for a contract since July 31.

Wed, 08 Aug 2012 13:55:12 GMT

Greenback turned lower on Eurozone's hopes

On Tuesday, August 7, the greenback remained lower versus the Euro and other major currencies amid hopes that the ECB will soon make decisive actions to stem the debt crisis in the Eurozone. In order to lower Italian and Spanish borrowing costs, the ECB may soon resume bond-buying program.  The shared currency strengthened against the greenback during today's New York trading session, with EUR/USD adding 

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