Brazil's Real fells from highest on growth outlook cut

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Source: Bloomberg
Brazil's Real declined from the highest level in one month, when the survey showed the Central Bank lowered its growth prognoses for Brazil's economy. The currency fell for the first in five days, losing 0.3% to 2.6397 against the Dollar. Analysts reduced their estimation for Brazil's economic development in 2015 from 0.5% to 0.4%.
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Mon, 12 Jan 2015 16:54:04 GMT

Pound reaches 18-month low on slowing inflation outlook

The Pound reached to its lowest in 18 months against the Dollar amid slowing inflation prospect boosted the Bank of England not to raise interest rates from a record low position. The Pound dropped 0.1% to $1.5148 in London after touching $1.5035 on January 8, the lowest since 2013. However, the Sterling added 0.3% to 77.91 pence versus the Euro.

Mon, 12 Jan 2015 15:20:10 GMT

Euro drops on ECB bond-purchase programme speculation; Dollar gains

The Euro retreated versus the Dollar, almost touching a nine-year low, amid speculation the data releases this week may encourage the ECB to start sovereign-bond purchase programme. The common currency fell 0.3% to $1.1802 in New York, while it added 0.3% to 140.75 against the Yen. Meanwhile, the US Dollar appreciated 0.6% to 119.23 versus the Yen.

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