Aussie drops as building approvals fall

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Source: Bloomberg
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.   
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Thu, 30 Aug 2012 07:48:12 GMT

Loonie strengthens on positive U.S data

The Canadian Dollar strengthened versus the most of its major counterparts as the U.S. economy grew more than economists estimated in the Q2. The Loonie lost 0.1% to 98.84 cents per U.S counterpart, following a 0.2% gain earlier. However, advance in the currency was limited as crude oil futures declined. Oil fell 1.2% to $95.18 per barrel.

Thu, 30 Aug 2012 07:26:12 GMT

Greenback remains higher versus Yen before U.S data

The U.S Dollar remained higher against the Japanese Yen after yesterday's appreciation before U.S data to show consumer spending increased the most since February. The greenback climbed against the Euro as investors await whether the Fed Chairman Ben Bernanke will signal further asset-purchase programme at Jackson Hole. The Dollar was at 78.64 Yen, following a 0.3% advance to 78.71. The Euro traded

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