Pacific currencies drop before PMIs in Europe

Note: This section contains information in English only.
Source: Bloomberg
The New Zealand and Australian Dollars declined versus most of their major counterparts before data that might indicate contraction in German and French manufacturing. The Aussie Dollar slid 0.5% to $1.0436 after gaining 0.4% to $1.0487 the previous day. It declined 0.5% to 82.73 Yen. The Kiwi Dollar dropped 0.4% to 80.81 U.S. cents, after gaining 0.3% yesterday. The New Zealand Dollar lost 0.4% to 64.06 Yen.
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Wed, 22 Aug 2012 06:59:16 GMT

Euro strengthens

The Euro strengthened to a 6-week high versus the U.S. dollar and Japanese Yen before European policy makers meet this week and amid speculation the region's debt crisis is being contained. The shared currency rose for a second consecutive day against the greenback after Germany said concessions for Greek government were possible and as Spanish bond yields decreased at the

Wed, 22 Aug 2012 13:17:09 GMT

Indian CPI continue to decelerate

Consumer price index in India rose at the slowest pace in four months in July, said the Central Statistical Office on Tuesday.  Nation's CPI increased by 9.86 per cent from a previous year, after jumping 9.93% in June.  In the meanwhile, the Indian Central bank left the benchmark interest rate unchanged in the previous month in order to prevent inflation risks.

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