Aussie and Kiwi extend losses

Note: This section contains information in English only.
Source: Bloomberg

Australian Dollar depreciated against US peer reaching lowest level in a month while New Zealand Dollar hit the lowest value since March amid Europe's rising yields reduced investors' confidence. Aussie lost 0.7% against US dollar and was trading at $0.9767 in Sydney evening trade. Kiwi dropped 0.4% reaching $0.7442 - record low since March. The pair NZD/USD currently is trading at $0.7420 while AUD/USD is trading at $0.9726. 

Back to articles

Actual Topics

Wed, 23 Nov 2011 14:07:09 GMT

Sterling weakens against US dollar on BOE announcement

The British Pound reached six-week record low against Greenback after Bank of England in its meeting minutes reported greater stimulus might be needed. Monetary Policy Committee also decided to stick to key borrowing rate at 0.5% and leave the amount of quantitative easing worth $428 bn unchanged. The pound lost 0.4% reaching $1.5569 in London trade. Hydeskov, chief analyst at Danske Bank in London expects Pound

Wed, 23 Nov 2011 14:04:09 GMT

UK: Monetary Policy Committee will not change interest rates

The Bank of England's Monetary Policy Committee supported the decision about sustaining the interest rate at 0.5% and leaving the amount of asset-purchase strategy at 275 billion pounds. Last month the bank expanded the size of the strategy by 75 billion pounds as part of its quantitative-easing program. However, worsening situation in the euro-zone increases the level of risk and the bank decided to stick

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.