Aussie and Kiwi fall ahead of Chinese growth release

Note: This section contains information in English only.
Source: Bloomberg
© Dukascopy Bank
New Zealand and Australian currencies depreciated against greenback before Chinese GDP report due tomorrow as the data are expected to show the world's second biggest economy expanded at the slowest pace in 10 quarters. Australian Dollar lost 0.4% to $1.0286 while its New Zealand peer gave up 0.2%, dropping to $0.7934. Currently AUD/USD is trading at $1.0284 while NZD/USD is trading at $0.7931.
Back to articles

Actual Topics

Mon, 16 Jan 2012 07:47:55 GMT

Standard & Poor's cut creadit ratings of nine Euro Zone memebrs

Standard & Poor's cut credit rating of nine members of the Euro Zone citing the insufficiency of the policies taken by the countries' leaders to tackle the debt crisis. Italy, Portugal, Cyprus and Spain were downgraded by two notches while France, Malta, Slovakia and Austria lost one notch each. S&P also put on negative outlook 14 Euro Zone members.

Mon, 16 Jan 2012 06:45:36 GMT

China growth expected to it 10-quarter record low

According to economists questioned by Bloomberg, Chinese economy growth is predicted to have slowed down in the last quarter of 2011, reaching 10-quarter record low. Analysts predict China's GDP grew by 8.7% in the fourth quarter of last year. The economy may cool further due to the decline in export demand and prolonged property curbs. 

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request)
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.