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View Full Version : Aussie, Kiwi Set for Third Weekly Drop on Europe Concern - Bloomberg



NewsWhore
05-17-2012, 08:00 PM
Aussie, Kiwi Set for Third Weekly Drop on Europe Concern (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNELBFLtTxva6wBKv2T85fM-oKcvOg&url=http://www.bloomberg.com/news/2012-05-17/aussie-kiwi-set-for-third-weekly-drop-on-europe-concern.html)
Bloomberg
The Australian currency traded near a five-month low on prospects Asian stocks will extend a global slump after Moody's Investors Service cut the credit ratings of 16 Spanish banks yesterday and Greece was downgraded by Fitch Ratings.

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