Aussie trades near four-month high

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Source: Bloomberg
Australia's Dollar was 0.2% from a four-month high and government note yields amid speculation the Reserve Bank will abandon diminishing the developed world's strongest interest rate tomorrow. The Aussie traded at $1.0563, after reaching $1.0580 last week, the highest since March 20. The South Pacific 10-year note yield gained 0.12 percentage points to 3.23%. The 15-year yield rose to 3.55%, exceeding the 3.5% benchmark for the first time since June 21.
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Mon, 06 Aug 2012 09:20:07 GMT

Greece pledges to strengthen policy after meeting with Troika

On Sunday, Greece and ECB, IMF and European Commission agreed on the necessity of bolstering policy efforts to sustain the economy and meet its bailout requirements after more than a week-long meeting session in Athens. The talks will conclude whether Greece keeps receiving monies from its international creditors, 240 billion Euro of rescue funds.

Tue, 07 Aug 2012 16:10:10 GMT

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