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View Full Version : Australian Dollar Falls as RBA Holds Rate Steady; Kiwi Touches Record High - Bloomber



NewsWhore
07-05-2011, 12:00 PM
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Australian Dollar Falls as RBA Holds Rate Steady; Kiwi Touches Record High (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEd2CEggSGvqClTdRT0tbmkfaTCqg&url=http://www.bloomberg.com/news/2011-07-05/australian-dollar-falls-as-rba-holds-rate-steady-kiwi-touches-record-high.html)
Bloomberg
The Aussie fell for a second day against the US currency as traders added to bets that the Reserve Bank of Australia will lower benchmark rates this year. Two-year bond yields declined. “The RBA has revised down growth in their forecasts,” said Richard ...

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