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The Australian Dollar’s reaction to a weaker-than-expected GDP report was rather muted, as a steep fall in the currency over the past few weeks leaves it less responsive to additional bad news. Meanwhile, evidence of continued strong growth in Australia’s key trading partner provides some support.

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Irish bailout gets lukewarm market response
The euro67.5 billion ($89.4 billion) bailout of Ireland has done little to assuage investor concerns that Europe has finally got a grip on its debt crisis, with European stocks trading mostly lower Monday and the euro hitting a fresh two-month low.

Read more on AP via Yahoo! News

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