Aussie and Kiwi decline on European concern

Note: This section contains information in English only.
Source: Bloomberg
© Dukascopy
New Zealand and Australian home currencies dropped to one-week record lows on investor speculation EU summit will not provide a tangible solution for debt crisis, hampering demand for upward yielding assets. Australia's dollar lost 0.6% against the Greenback reaching $1.0102 in Sydney trade while New Zealand Dollar gave up 0.8% to $0.7668. The AUD/USD currently is trading at $1.0065 and NZD/USD is trading at $0.7646.

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