European shares increase with gold as Dollar depreciates

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Source: Bloomberg
© Scanpix\Reuters
European shares recovered from the biggest decrease in a week and US equity-index futures climbed ahead of a report on the improvement of the US economy. Japan's stocks fell while the US Dollar depreciated and gold climbed. The Stoxx Europe 600 Index added 0.6% and the Standard & Poor's 500 Index rebounded from earlier losses gaining 0.4%
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Thu, 30 May 2013 13:51:03 GMT

Euro climbs to the highest level in two weeks against Dollar

The Eurozone's currency climbed to the strongest level in two weeks versus the US Dollar on Thursday, as the greenback continued to decline and following better than predicted economic report from the Eurozone. The 17-nation currency gained 0.7% to $1.3006, the highest since May 14, as stop-loss buy orders above $1.30 were triggered.

Thu, 30 May 2013 12:24:04 GMT

Australian Dollar appreciates as building approvals rise

The Aussie advanced from the 19-month low as the building approvals topped the economists' estimates, reducing the speculations that the Reserve Bank may cut the interest rates. The Australian currency climbed 0.5% to 96.82 U.S. cents at 4:27 p.m. Sydney time as it is headed for a 6.6% fall this month, while the Aussie strengthened 0.3% to NZ$1.1928 from Wednesday.

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