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View Full Version : Australian Dollar Weakens After Company Profits Unexpectedly Declined - Bloomberg



NewsWhore
02-27-2011, 08:00 PM
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Australian Dollar Weakens After Company Profits Unexpectedly Declined (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFnIDu_nFzaQ56074Czj1UVobW0oQ&url=http://www.bloomberg.com/news/2011-02-28/australian-dollar-weakens-after-company-profits-unexpectedly-declined.html)
Bloomberg
The currency depreciated to $1.0121 as of 11:35 am in Sydney from $1.0132 before the report and $1.0177 on Feb. 25. Australian business profits fell 2.8 percent in the fourth quarter from the previous three months, the Bureau of Statistics said today. ...

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