Aussie and Kiwi fall on European worries

Source: Boomberg
© Dukascopy Bank

New Zealand and Australian dollars reached one-week low against Japanese Yen amid investor worries European debt crisis might worsen. Both Pacific currencies declined yesterday after ECB said its balance sheet has soared to 2.73 trillion Euros. Aussie depreciated 0.3% against Yen attaining ВҐ78.46 and dropping to $1.0090 against its US peer. Kiwi lost 0.2% against Yen reaching ВҐ59.78 in yesterday trade. AUD/JPY currently is trading at ВҐ78.45 and NZD/JPY is trading at ВҐ59.93.

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