Tag: Westpac Banking Corp.
Australia, N.Z. Dollars Fall With Equities on Recession Concern
By Candice Zachariahs
Dec. 24 (Bloomberg) — The Australian and New Zealand dollars declined as Asian stocks fell for a fourth day, damping demand for higher-yielding assets.
The currencies weakened as reports showed U.S. home prices plunged at the fastest pace in at least four decades and confidence among Japanese manufacturers declined the most on record. A [...]
Posted: December 24th, 2008 under News.
Tags: Asian stocks, Australian Dollar, Bank of America Corp., currency, Custom House Global Foreign Exchange, Global Recession, Japan, New Zealand Dollar, RBC Capital Markets, Westpac Banking Corp.
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