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Tag: ABN Amro Australia Ltd.

Euro to Drop to $1.23 ‘Quickly’ on Eastern Europe, ABN Amro Says

By Justin Carrigan
Feb. 17 (Bloomberg) — The euro may weaken to $1.23 amid concern banks with units in Eastern Europe may be downgraded, according to ABN Amro Holding NV.

Australian, N.Z. Dollars Slide on RBA Minutes, Europe Concerns

By Candice Zachariahs
Feb. 17 (Bloomberg) — The Australian dollar slid as the central bank said record-low interest rates will take time to revive economic growth and the euro dropped to a 2 1/2-month low, raising speculation investors will dump higher-yielding assets.