Australian Dollar set for longest weekly decline in seven years

Source: Bloomberg
The Aussie depreciated, headed to its longest one-week retreat in seven years, on bets that nation's central bank will act to weaken the strength of the currency. Australia's Dollar slipped 0.6% to  91.78 U.S. cents at 4:58 p.m. Sydney time after reaching 91.68. the weakest level since September 9. The Aussie slid 0.4% to NZ$1.1209 after trading at NZ$1.1171, while it dropped 0.2% to 81.89 U.S. cents.
Back to articles

Actual Topics

Fri, 22 Nov 2013 16:45:05 GMT

Belgian Business Climate highest in the past 26 months

The latest National Bank of Belgium's business confidence survey results, released this Friday at 14:00 am GMT, showed that investors' expectations of the country's economic health have become more optimistic. The overall indicator improved from -7.7 to this month's -4.3, greatly surpassing forecasts of -6.9. The confidence levels have improved in the manufacturing, building and trade industries; however, business-related services

Fri, 22 Nov 2013 16:12:12 GMT

Crude oil set for weakly gain on strong jobs data and protracted deal with Iran

WTI crude oil for January contract slipped 8 cents to $95.36 a barrel at 12:49 p.m. London time in New York Mercantile Exchange electronic trading, after adding $1.59 to $95.44 a day before, the strongest since October 31, after U.S. Labor Department showed yesterday a decrease in jobless claims by 21,000 to 323,000 for the period ended on November 15,

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.