The Australian Dollar Tumbles as Europe and China Fears Spread

Note: This section contains information in English only.
Source: The Wall Street Journal
The Aussie decreased almost 1% against the U.S. Dollar and 1.1% against the Japanese Yen following growing concerns about the Eurozone crisis and weaker growth of Cnina's economy. Although the Euro tumbled heavily versus the U.S. Dollar and the Yen due to the potential full-scale bailout for Spain, it increased by 0.8% against the Australian Dollar to 1.1802.
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