Greenback below 100 Yen for first time in almost a month

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Source: Bloomberg
© Scanpix/Agence France-Presse
The U.S. Dollar fell below 100 Yen, attaining the lowest level in near a month amid worries that the Fed will reduce its stimulus. The greenback rose 0.3% to 99.81 Yen as of 6:05 a.m. London time, this four-day 2.8% gain versus the U.S. Dollar was the biggest since May 9, while the Dollar Index touched a near one-month low at 82.768.
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Tue, 04 Jun 2013 07:18:11 GMT

Gold extends gains after biggest gain in two weeks

Gold extended gains after the biggest advance in two weeks on speculation that the Fed will continue its stimulus as the U.S. economic data did not meet expectations. Spot gold rose 0.3% to $1,415.15 an ounce and touched $1,411.80 as of 12:19 p.m. Singapore time. The bullion prices climbed 1.7% on Monday, the biggest jump in two weeks, while the

Mon, 03 Jun 2013 17:31:59 GMT

Australian, New Zealand Dollars rise 2% against U.S. Dollar

The Australia's and New Zealand's currencies advanced more than 2% versus the greenback on Monday, as the U.S. currency declined following a disappointing U.S. manufacturing report. The Aussie gained 2.1% to 0.9774 against the U.S. currency, while the kiwi also appreciated 2.1% to 0.8101 versus the U.S. Dollar.

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