29.03.2012 - China dragging on commodity currencies |
Worries over a slowdown in China continued to weigh on the commodity-linked currencies of Australia, New Zealand and Canada on Wednesday, while a lowered estimate of U.K. economic growth gave sterling a brief scare. Elsewhere. the euro was trading at $1.33508 recently against the dollar, compared with $1.3313 late Tuesday in New York. The dollar was at ¥83 compared with ¥83.18, while the euro was at ¥110.83 compared with ¥110.74...............................................Full Article: Source |