Aussie and Kiwi keep dropping ahead of Spain debt sale

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Source: Bloomberg
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The New Zealand and Australian dollars declined for the third day on worries European debt woe is harming investor demand for higher yielding assets. Aussie prolonged losses after RBA indicated it may lower interest rates in case inflation slows. Australia's currency lost 0.2% versus greenback to USD 1.0332 while Kiwi fell 0.5% to USD 0.8165. Currently AUD/USD is trading at USD 1.0316 and NZD/USD is trading at USD 0.8153.

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Tue, 17 Apr 2012 06:24:00 GMT

Loonie reaches 7-week low versus Yen

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Mon, 16 Apr 2012 16:30:06 GMT

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