Aussie falls as China signals tight liquidity policy

Source: Reuters
The Australian currency weakened on Tuesday trading session falling from the highest level in four weeks against its U.S. counterpart after the People's Bank of China signaled it may apply tighten monetary policy in order to control the economic slowdown of local economy. The so-called Aussie fell to $0.9030, down from one month high at $0.9079.

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Tue, 18 Feb 2014 11:22:03 GMT

U.K. output inflation eases less than forecast in January

Factory gate inflation in the United Kingdom weakened at the beginning of 2014, however the pace of drop was lower than economists originally expected, a report published by the Office for National Statistics revealed on Tuesday. According to the report, the U.K. output inflation added 0.9% in January following a December's advance by 1%.

Tue, 18 Feb 2014 11:21:34 GMT

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