Spain Mar Producer Price Index (YoY) decreases to 0.5% vs 2.2% (Feb)
Apr 24, 2013
Forex: AUD/USD finds support around 1.0230
Softer than expected consumer prices in the Australian economy sparked a selling wave in the Aussie, dragging the cross to the vicinity of 1.0230 where buying interest lifted the pair back to the current 1.0250 region....
The Reserve Bank of New Zealand kept interest rates unchanged at 2.50%. However, it bucked the global trend by signaling the risks were on the upside now by dropping the phrase 'there are both upside and downside risks' from its statement. The RBNZ still expects interest rates to remain unchanged throughout 2013 as inflation is set 'to remain close to the bottom of the target range this year'.