Aussie rises on speculation RBA will unlikely cut key rate

Source: Bloomberg
The Australian Dollar advanced, halting earlier losses, amid speculation the central bank will unlikely cut the interest rate. The Aussie gained 0.4% to $1.0278 at 4:26 p.m. in Sydney, following a 0.4% decline earlier. It fetched $1.0184 a day earlier, the weakest level since October 10.The currency added 0.6% to 94.93 yen, while the kiwi rose 0.5% to 88.18 cents and 0.7% to 76.84 yen.
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Thu, 28 Feb 2013 11:19:04 GMT

Asian shares rises after U.S. data

Asian shares advanced, with the regional benchmark index poised for the biggest increase in 5 months, as U.S. data boosted confidence in the world recovery and as a new BOJ governor was nominated. The MSCI Asia Pacific Index rose 1.4% to 135.07 at 3:30 p.m. in Tokyo, set for the biggest jump since September 14. Australia's ASX 200 Index added

Thu, 28 Feb 2013 10:57:07 GMT

Yen declines as Abe appoints new BOJ Governor

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