Aussie close to 1-month low on weak retail sales data

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Source: Bloomberg
© Scanpix/RS
The Australian Dollar was close to 1-month low as data showed retail sales rose at a slower pace than expected. The Aussie was little changed at $1.0218 after touching $1.0182, the weakest level since September 6. Australia's currency climbed 0.2% to 80.35 Yen. The New Zealand Dollar gained 0.2% to 82.09 U.S. cents and increased 0.4% to 64.55 Yen. 
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Thu, 04 Oct 2012 08:27:05 GMT

Gold modestly higher as dollar rally ends

On Thursday, gold prices were higher, after traders started to sell the U.S. Dollar. On the NYMEX, December delivery futures for gold were traded at $,781.35 per troy ounce, which was a 0.09% increase for the Asian trading hours. Earlier it hit $1,780.55, which was a session low, and a session high of $1,782.15 per troy once.

Thu, 04 Oct 2012 12:02:49 GMT

Asian currencies rise to 7-month high on U.S. employment data

Asian currencies were close to 7-month high as data showed the U.S. employment increased more than economists projected, alleviating market concerns about global slowdown and boosting demand for riskier assets. The Taiwan Dollar gained 0.3% to NT$29.322 versus the U.S. Dollar, while the Philippines peso rose 0.1% to 41.555.The Malaysian Ringgit climbed 0.1% to 3.0575. 

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