WELLINGTON/SYDNEY: The Australian and New Zealand dollars held above four-month lows versus the US dollar on Friday, but investors were cautious ahead of China's retail sales data. Aussie edges lower to $1.0057 from $1.0092 in NY, having touched a high of $1.0144 on Thursday after upbeat jobs data. Aussie down 3.6 pct this month and a breach of key support at around $1.0040 would open the way to parity. It touched a low of $1.0021 this week. Kiwi ...

SHANGHAI: London copper futures touched a one-week high on Tuesday, buoyed just above $7,800 by bargain hunters betting on European and Chinese leaders taking steps to reinvigorate their economies. Uncertainty about the euro zone and the overall global economy are however likely to cap copper's gains. The metal is on track to lose over 7.5 percent this month, sharply cutting its year-to-date gains to around 2 percent from as much as 15 percent in February. Three-month copper ...

WARSAW: Poland's finance ministry exchanged foreign currencies worth 11 billion euros ($13.99 billion) on the spot market in 2011, it said on Monday. In April 2011, the ministry announced it would exchange most of the funds it receives from the European Union on the spot market to prop up the Polish currency, adding it had about 13-14 billion euros for the purpose. The Polish unit lost 11 percent to the common currency in the whole of 2011. Copyright ...