Australian Dollar declines for third straight day against greenback

Source: Bloomberg
The Australian Dollar dropped for a third consecutive day against the U.S. counterpart on speculation that U.S. payrolls report will encourage the Fed to continue scaling back its stimulus. Australia's currency slipped 0.3% to 88.72 U.S. cents as of 5:18 p.m. Sydney time, while it slid 0.2% to NZ$1.0751. The Aussie declined 0.3% to 93.07 Yen, while the Kiwi retreated 0.1% to 86.56 Yen.
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Thu, 09 Jan 2014 13:34:05 GMT

Loonie depreciates to three-year low on rate speculation

Canada's currency declined below C$1.08 per U.S. Dollar for the first time in approximately three years after the Bank of Canada Governor Poloz stated that there is no pressure to increase interest rates. The Canadian Dollar slipped 0.6% to C$1.0830 per U.S. Dollar, the lowest level since May 2010, ahead of reaching C$1.0820 as of 5:00 p.m. Toronto time.

Thu, 09 Jan 2014 13:12:52 GMT

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