Australian Dollar declines ahead U.S. durable goods data

Source: Bloomberg
© Scanpix/FP
The Australian Dollar slipped by 0.6% to 96.92 per U.S. Dollar in the morning of Sydney trading session on Friday. The currency touched a 95.94 level yesterday, which was the weakest since 1st of June. Even analysts say that U.S. durable goods data will be better in April adding positive sentiments about a recovery in the biggest world's economy, but investors prefer to sell the Aussie. 
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Fri, 24 May 2013 07:32:05 GMT

Canadian Dollar appreciates from one-year low on monetary bets

The Canadian Dollar, also known as the loonie, was higher by 0.6% to 1.0305 per U.S. Dollar in the evening of Toronto trading session on Thursday. The loonie strengthened from a one-year bottom amid speculation that the Federal Reserve will curb its monetary stimulus, as the biggest world's economy signals about an improving situation.

Thu, 23 May 2013 15:33:04 GMT

Greece might get more time to meet set targets

Jereon Dijsselbloem said that the time period for Greece to meet its fiscal targets might be extended if necessary. He added that the process of fiscal consolidation in Greece is satisfactory, however, the exact characteristics of debt relief will be decided after the official assessment of the country's economy. Estimated public debt in Greece is 173% of GDP this year,

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