Aussie close to 2.5 year low versus kiwi ahead of RBA minutes

Source: Bloomberg
Australia's Dollar was 0.4% from the lowest level in more than two years against the New Zealand counterparts ahead of minutes of the RBA's meeting are released tomorrow on prospects of lower borrowing costs. The Aussie bought NZ$1.2198 at 5:07 p.m. in Sydney after touching NZ$1.2143 on February 15, the lowest since July 2010. The currency fell 0.1% to $1.0294 and rose 0.4% to 96.73 yen.
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Mon, 18 Feb 2013 12:29:03 GMT

Pound Dropped to Seven-Month Low

The Pound declined to the weakest level against the U.S. Dollar since July 13 on Martin Weale, policy maker of BOE, announced the U.K. exports may increase if Sterling depreciates. The U.K. currency fell versus 13 of 16 main counterparts, extending last week's decline. The Pound lost 0.3% against the U.S. Dollar and traded at $1.5474, following decline to $1.5438,

Mon, 18 Feb 2013 10:41:04 GMT

Won falls as Yen drop adds to intervention concern

The South Korean Won declined for the first time in a week after the Yen dropped following G20 meeting that added to concern Korea will take measures to weaken the nation's currency to support exporters. The Won lost 0.4% to 1,082.10 per greenback in Seoul, after gaining 1.6% last week, the biggest 5-day advance since December 2, 2011. 

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