Aussie gains after RBA minutes report domestic growth

Note: This section contains information in English only.
Source: Bloomberg
© Dukascopy Bank

The Australian Dollar appreciated as Asian markets recovered and RBA meeting minutes showed predictions for further growth despite European debt crisis effects on world-wide development. New Zealand Dollar rose ahead of report that is expected to show accelerated growth in 3rd quarter. Aussie climbed 0.4% to $ 0.9934 on Tuesday session in Sydney while Kiwi advanced 0.5% reaching $0.7596. Currently AUD/USD is trading at $0.9946 while NZD/USD is trading at $0.7603.

Back to articles

Actual Topics

Tue, 20 Dec 2011 08:27:54 GMT

Europe transfers $195 bn to IMF

Europe strengthened its measures for tackling debt crisis, transferring 150 bn euros ($195 bn) to the IMF. Four non-euro countries also supported IMF firepower, while UK refused to participate. Britain will state its contribution at the beginning of 2012, said European FMs. However, Peter Kurer, the former UBS AG's Chairman claimed the aid to be only a small scale solution.  

Tue, 20 Dec 2011 08:21:10 GMT

Canada's currency fluctuates amid oil and stock price changes

Canadian Dollar experienced upward and downward fluctuations against US Dollar as stocks and crude oil erased earlier gains, worsening the Loonie's outlook. On Monday Canadian currency fluctuated after dropping 2.1% last week. Loonie was almost flat at C$1.0389 in Toronto evening trade. Currently USD/CAD is trading at C$1.0369.

Subscribe to "Fundamental Analysis" feed

Souscrire
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.