Thu, 30 Aug 2012 07:37:14 GMT
Aussie drops as building approvals fall
The Australian Dollar declined versus all of the major counterparts, while the government bonds increased as building approvals dropped more than expected in July. The Aussie and Kiwi Dollars depreciated to 1-month low as the U.S economy is recovering, thus dimming prospects the Fed Chairman Ben Bernanke will announce further stimulus.