Tuesday, May 29, 2012

Reuters: US Dollar Report: Euro hits fresh 2-year low, Aussie hit by retail sales

Reuters: US Dollar Report
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Euro hits fresh 2-year low, Aussie hit by retail sales
May 30th 2012, 01:41

TOKYO | Tue May 29, 2012 9:41pm EDT

TOKYO May 30 (Reuters) - The euro fell to a two-year low against the dollar on Wednesday on worries about soaring Spanish bond yields while the Australian dollar fell after weaker-than-expected Australian retail sales data.

The euro fell more than 0.3 percent to $1.24578 - its lowest since July 2010. The euro's fall was triggered in part by the fall in the Australian dollar. The Aussie fell 0.6 percent to $0.9775.

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