Aussie declines as RBA signals easing, Krona falls

Note: This section contains information in English only.
Source: Bloomberg
The Australian Dollar depreciated 1% to 90.87 against the greenback as of 9 a.m. in New York after the Reserve Bank of Australia Chairman Glenn Stevens said that there is still room for interest rate cuts and the currency may weaken further. Also Swedish Krone fell 1.2% to 8.6890 versus the Euro after preliminary data showed that Sweden's economy has contracted 0.1% in the second quarter.
Back to articles

Actual Topics

Tue, 30 Jul 2013 15:29:06 GMT

Greenback ignores weak consumer sentiment data

The U.S. Dollar traders are a little bullish even as data showed weaker-than-expected consumer sentiment in July. Median estimate was 81.3, while the actual figure was 80.3. The greenback recovered from its intranet low versus the 17-nation currency tand traded at$1.3244 at 10:39 a.m. EDT. Investors await the Fed and ECB meetings which will give more information about monetary policies.

Tue, 30 Jul 2013 15:07:05 GMT

Lithuanian GDP growth slows down to 3.7%

Lithuania's economic growth fell behind economist estimates on weak consumer sentiment and investments. GDP growth rate was 3.7% in the second quarter, while economist survey showed a median estimate of 4.2%. This might put at risk the nations ambition of entering the Eurozone in 2015 as the government may fail to cut the budget deficit below 3%, the requirement of

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.