Euro trades close to 3-month record low on Greek election results

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Source: Bloomberg
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The 17-nation currency fluctuated 0.6% from a 3-month record low on Tuesday as Greek policy makers attempt to create a new government amid worries the leading forces might be anti-austerity oriented. Euro slipped 0.2% versus US Dollar to USD 1.3030 in Asian trade and gave up 0.1% versus Japanese Yen to JPY 104.23. Currently EUR/USD is trading at USD 1.3031 and EUR/JPY is trading at  JPY 104.24.
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Tue, 08 May 2012 06:07:45 GMT

Australian trade balance widened more than expected

Australia's trade deficit widened more than initially expected in April, according to Australian Bureau of Statistics. The country's trade deficit approached 1.59 billion Australian Dollars on a seasonally adjusted basis as compared to a March reading of a deficit of 0.48 billion Australian Dollars. Experts predicted the trade balance to drop to minus 1.40 billion Australian Dollars.

Tue, 08 May 2012 06:51:11 GMT

Switzerland's consumer prices declined in April

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