Aussie depreciates as Asian shares decline

Note: This section contains information in English only.
Source: Bloomberg
© Dukascopy Bank
Australian Dollar weakened, falling from 9-month high versus Japanese Yen as Asian equity markets moved down on Monday, lowering demand for higher yielding assets. Aussie plunged 0.9% against Japanese currency to JPY 87.05 and gave up 0.3% against US Dollar to USD 1.0704. Meanwhile Kiwi slipped 0.8% versus Yen to JPY 67.30 and lost 0.2% versus its US peer to USD 0.8275. Currently AUD/USD is trading at USD 1.0712 and NZD/USD is trading at USD 0.8278.
Back to articles

Actual Topics

Mon, 05 Mar 2012 07:36:45 GMT

Russia's elections: Vladimir Putin won about 60% votes

Vladimir Putin won presidential elections in Russia, after being a PM for the last four years. Preliminary results indicated that he received more than 60% of the votes. Proponents of Vladimir Putin said that he won in an honest and open way. However, opponents claimed that many citizens cheated on the elections. They plan mass demonstrations in Moscow on Monday.

Mon, 05 Mar 2012 07:38:45 GMT

China cuts GDP goal to 7.5%

China lowered its GDP target for 2012 from 8% to 7.5% citing slowing exports as the main reason that hampers economic expansion. Lawmakers left inflation rate target unchanged from 2011 at about 4%. PM Wen Jiabao claimed the country will stick to precautious monetary and proactive fiscal policy. Asian shares traded lower on the announcement.   

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.