Aussie drops as unemployment rises

Source: Bloomberg
The Australian Dollar weakened on Thursday falling for the second straight day after a government report showed that jobless rate advanced to the highest figure since 2009 and as consumer spending in the U.S. accelerated. The so-called Aussie declined 0.2% to 90.27 U.S. cents as of 4:57 p.m. Sydney time following a 1.1% fall recorded yesterday.

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Thu, 12 Dec 2013 11:42:05 GMT

Kiwi strengthened on signs Reserve Bank may increase rates

The New Zealand's currency advanced on Thursday rising against the majority of its most-traded peers and reaching the five-year peak versus the Aussie amid speculation that the Reserve Bank of New Zealand may raise its benchmark interest rates as the economy improves. The so-called Kiwi grew 0.3% to 82.84 U.S. cents, it added 0.5% to 84.98 yen and traded at

Thu, 12 Dec 2013 11:20:04 GMT

Treasuries fall as U.S. government issues 10-year yields

U.S. Treasuries declined on Wednesday trading session as the country issued benchmark 10-year government bonds in an auction totaling $21 billion drawing smaller-than-expected demand suggesting that the Federal Reserve may scale back its stimulus as soon as on the next policy meeting. 10-year yields jumped 5 basis points to 2.85% following a drop by 0.07% in the prior 3 days.

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