Market news
18.04.2011, 08:02

Asian session: The euro fell

The euro fell for a second day against the dollar on speculation Greece will be unable to avoid a default even after officials said debt restructuring isn’t being discussed.
The single currency declined to a two-week low versus the yen on concern election gains for Finland’s euro-skeptic bloc will hinder regional efforts to assist ailing nations including Portugal. 
New Zealand’s dollar weakened against all its major counterparts after a report showed consumer prices in the nation rose less than economists forecast.
The True Finns will seek a majority that allows them to block the euro region’s bailout mechanism, Soini has said. The pro-Europe National Coalition led by Finance Minister Jyrki Katainen won 20.4 percent to become Finland’s biggest party for the first time.
New Zealand’s consumer prices rose 0.8 percent in the first quarter from three months earlier, the government said today. Economists surveyed by Bloomberg forecast a 1 percent gain.

EUR/USD: the pair shown low in the field of $1.4350.
GBP/USD: the pair decreased below a mark $1.6300.
USD/JPY: the pair decreased below mark Y83.00.


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