Euro extends decline against Yen and US Dollar

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Source: Bloomberg
© Dukascopy Bank
17-nation currency traded 0.2% from 11-year record low on Friday morning as expectations about fading spending and consumer confidence amid surging French yields boosted anxiety among investors. The Euro depreciated to $1.2784 in London and tumbled against Japanese Yen to ¥98.70. Currently EUR/USD is trading at $1.2778 and EUR/JPY is trading at ¥98.60. 


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Fri, 06 Jan 2012 08:50:22 GMT

Aussie and Kiwi maintain downward trend amid European debt alarm

On Friday Australia's and New Zealand's Dollar enlarged their losses against US Dollar for a third consecutive day as European debt anxiety damped demand for more risky assets. Australian Dollar lost 0.6% reaching $1.0208 in Sydney while its New Zealand peer gave up 0.4% to $0.7779. Currently AUD/USD is trading at $1.0233 and NZD/USD is trading at $0.7796. 

Fri, 06 Jan 2012 08:49:06 GMT

Copper futures tumble after French bond auction

Copper futures tumbled to one-week low on the persistent worries over the Euro Zone financial difficulties after French bond auction. COMEX copper for delivery in March traded at USD3.413 a pound during the early European Thursday's trade, on the New York Mercantile Exchange, decreasing by 0.61% since opening.

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