Aussie declines as RBA signals easing, Krona falls

Source: Bloomberg
© Scanpix/FP
The Australian Dollar depreciated 1% to 90.87 against the greenback as of 9 a.m. in New York after the Reserve Bank of Australia Chairman Glenn Stevens said that there is still room for interest rate cuts and the currency may weaken further. Also Swedish Krone fell 1.2% to 8.6890 versus the Euro after preliminary data showed that Sweden's economy has contracted 0.1% in the second quarter.
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Tue, 30 Jul 2013 15:29:06 GMT

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