Aussie falls as demand for local assets drops on U.S. growth

Note: This section contains information in English only.
Source: Bloomberg
The Australian currency weakened on Monday snapping its two-day gain against the U.S. Dollar amid speculation that the country's economic growth may be lagged as the growth in the U.S. rose faster than forecast damping demand for local South Pacific assets. The so-called Aussie dropped 0.2% to 90.84 U.S. cents by 5:53 p.m. Sydney time following a 0.8% gain in the last two sessions.
Back to articles

Actual Topics

Mon, 09 Dec 2013 11:38:06 GMT

U.S. Dollar rises versus Yen before Fed's presidents speak

The U.S. currency increased on Monday rising versus the Japanese Yen before the Federal Reserve top officials speak about the stimulus measures raising speculations that the country's central bank may scale back soon. The Greenback gained 0.1% to 103.05 yen as of 6:52 a.m. London time following a 1.1% advanced recorded on December 6.

Mon, 09 Dec 2013 11:16:04 GMT

Japan's shares add amid upbeat U.S. data

Japanese equities increased for the second straight day on Monday pushing the local benchmark index to its largest gain in a three-week period as the nation's currency weakened versus the U.S. Dollar and as the U.S. economy grew faster than forecast. The Topix Index added 1.6% to 1,255.32 in Tokyo, the biggest advance since November 15.

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.