Aussie, Kiwi slid on Europe disagreement

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Source: Bloomberg
The Aussie and Kiwi tumbled amid belief discord among European leaders about ways of resolving the recession is restraining growth prospects, cutting demand for higher-yielding assets. The Aussie slipped 0.4% to $1.0415 and fell 0.6% to 81.28 Yen. The Kiwi slid 0.6% to 82.39 U.S. cents and dropped 0.7% to 64.32 Yen.
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Mon, 24 Sep 2012 16:53:20 GMT

US stocks inched down despite hopes for additional easing from Fed

US equities inched down on Friday despite hints that the Fed may loosen its monetary policy further. John Williams, San Francisco Federal Reserve Bank president ,said that when the Operation Twist ends in December, the Fed may extend the outright purchases of Treasuries. However, stocks closed lower as index futures and stock options expired. The S&P 500 Index eased down

Mon, 24 Sep 2012 15:47:20 GMT

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