Fresh Concerns about the Greek Crisis Weakens AUD against JPY

Tradervox (Dublin) – The Australian Dollar declined against the yen from a seven-month high as fresh concerns about the Greece crisis are raised. Sentiments indicating that Greece will continue to face difficulties have dampened demand for higher-yielding assets. The AUD also declined against the US dollar prior to a vote by the German lawmakers on the second bailout package for Greece. Greece had asked its debtors to exchange holdings of government debt with securities. Another currency that

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