Greenback remains higher versus Yen before U.S data

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Source: Bloomberg
The U.S Dollar remained higher against the Japanese Yen after yesterday's appreciation before U.S data to show consumer spending increased the most since February. The greenback climbed against the Euro as investors await whether the Fed Chairman Ben Bernanke will signal further asset-purchase programme at Jackson Hole. The Dollar was at 78.64 Yen, following a 0.3% advance to 78.71. The Euro traded at $1.2530 per U.S. Dollar after a 0.3% gain to $1.2530.
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Thu, 30 Aug 2012 07:37:14 GMT

Aussie drops as building approvals fall

The Australian Dollar declined versus all of the major counterparts, while the government bonds increased as building approvals dropped more than expected in July. The Aussie and Kiwi Dollars depreciated to 1-month low as the U.S economy is recovering, thus dimming prospects the Fed Chairman Ben Bernanke will announce further stimulus.   

Thu, 30 Aug 2012 07:14:12 GMT

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