Aussie declines amid halting retail sales and Euro weakness

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Source: Bloomberg
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The Australian domestic currency depreciated against its major counterparts on Monday after data showed national retail sales suddenly decayed in November. Meanwhile Kiwi extended a 3-day decline after country reported its trade deficit increased. Aussie lost 0.5% to $1.0173 while Kiwi was nearly flat at $0.7802. Currently AUS/USD is trading at $1.0188 while NZD/USD is trading at $0.7814.

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Mon, 09 Jan 2012 15:51:32 GMT

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