Major currencies fell against the US dollar. Weak Spanish data added to speculation of a further ECB rate cut. The Euro eased from highs near US$1.3095 to around US$1.2995 before ending US trade near US$1.3000. The Aussie dollar fell from highs near US103.35c to lows near US102.85c and ended US trade around US102.90c. And the Japanese yen traded between 99.05 yen per US dollar and JPY99.45, ending US trade near JPY99.30.
Click here to read the full report: Market Research
Commonwealth Bank