U.S. Dollar trades near 8-month low

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Source: Reuters
© Scanpix/RS
The U.S. Dollar dropped on Monday and traded close to its lowest level in eight months against the majority of its counterparts amid concerns that the Federal Reserve may scale back its monthly bond-buying program until the impact of partial government shutdown will be clearer. The Dollar index stayed at 79.675 near a level of 79.478, the least since February.

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Mon, 21 Oct 2013 06:42:02 GMT

Japan's exports advance less than forecast in September

Japanese exports increased in the month of September, however the rate of growth was shy of a forecast mainly due to lower demand from emerging economies offsetting weaker Yen, a report released by the Ministry of Finance showed on Monday. Japan's exports grew 11.5% in September compared to 15.6% originally forecast, while in August exports added 14.6%.

Mon, 21 Oct 2013 06:20:04 GMT

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