Tag: Global Economy Slump
Australia, New Zealand Dollars at 2-Week Lows on Europe Concern
By Candice Zachariahs
Feb. 18 (Bloomberg) — The Australian and New Zealand dollars traded near two-week lows on concern slumping eastern European economies will exacerbate the global recession, raising speculation investors will dump riskier assets.
Posted: February 18th, 2009 under News.
Tags: Australian and New Zealand dollars, Bond Sales, currency, Dollar, Eastern Europe’s problems, European economies, Forex, Forex Market, Forex Trading, Global Economy Slump, Global Recession, the Australian Office of Financial Management
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Australia, New Zealand Dollars Slip as G-7 Calls Slump ‘Severe’
By Candice Zachariahs
Feb. 16 (Bloomberg) — The Australian and New Zealand dollars declined after the Group of Seven finance ministers said the “severe” global downturn would persist through most of 2009, intensifying speculation investors will dump riskier assets.
Posted: February 16th, 2009 under News.
Tags: Asian Currencies, Asian Economy, Australian Dollar, currency, Forex, Forex Market, G7, Global Economy, Global Economy Slump, Global Recession, Group of Seven, N.Z. Dollar, World Economy
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