Australian Dollar Declines for Third Day on Europe Debt Concern
Australian Dollar Declines for Third Day on Europe Debt Concern
Australia’s dollar fell for a third day on speculation European leaders will fail to agree on measures to resolve the region’s debt crisis at a summit this week, curbing appetite for higher-yielding assets.
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OTA case study highlights Facebook’s prowess as a sales channel
A case study, featuring online travel agency On the Beach, has highlighted that social media can be a viable sales channel. Digital marketing specialist I Spy managed a Facebook advertising campaign to increase awareness and holiday bookings for On the Beach.
Read more on eyefortravel.com
Speculators dump Asian currencies
SINGAPORE — Short-term interbank speculators unwound exposure to emerging Asian currencies yesterday as growing debt crises in the euro zone and the United States boosted risk aversion, while the Philippine peso came under further pressure from the central banks review on banks non-deliverable forwards (NDFs).
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