NZD/USD drops on global growth concerns

Note: This section contains information in English only.
Source: Forexpros
On Monday, the Kiwi declined versus the U.S. Dollar as risk sentiment decreased on growing worries over global economic slowdown amid  Japan's diminishing GDP. NZD/USD touched 0.8099, and traded at 0.8105, falling 0.33%. Elsewhere, the New Zealand Dollar was steady, gaining 0.05% to 1.3013 versus the Aussie.

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Mon, 13 Aug 2012 10:31:25 GMT

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Mon, 13 Aug 2012 12:58:35 GMT

Aussie Dollar falls amid flagging demand for risky assets

The Australian Dollar declined versus almost all of its major peers as global economic downturn curtailed demand for high interest currencies. The Aussie Dollar fell 0.2% to $1.0556 and dropped to 82.63 Yen. The New Zealand Dollar lost 0.2% to 81.17 U.S. cents and 0.2% to 63.53 Yen. 

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