The Australian dollar performed better in Asia sooner than reports on trade and retail sales.
The currency pair of AUD and USD traded at 0.9630. This was up 0.04 percent while USD and JPY swapped hands at 119.72 or up 0.03 percent. The US dollar index posted numbers of 95.97 down 0.02 percent.
Australia reported a trade balance for January. A$950 million shortfall was noted while retail sales went up 0.4 percent during the same month.
Yesterday, the Greek government made public the auction of 1.138 billion for Treasury bills (six months) and allowed refinancing for matured issues. Treasury bills were sold at a profit of 2.97 percent which is up from 2.75 percent during a previous sale in February.
The meeting set in Cyprus for issues in Greece also includes the following projections for inflation and growth. The duration and scope of the program as well as projections for interest rates can increase again in the euro region.

No comments:
Post a Comment