U.S. Dollar falls before Fed's meeting next week

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Source: Reuters
The U.S. Dollar slipped on Wednesday falling against the majority of its most-traded peers as the currency index dropped to the lowest level in six weeks amid concern that the U.S. Federal Reserve may need more positive data in order to trim its monetary easing. The U.S. Dollar index traded at 79.98 earlier today after hitting the lowest level in six weeks at 79.843 yesterday.

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Wed, 11 Dec 2013 08:42:04 GMT

U.K. GDP rises in 3 months to November

The economic performance of the United Kingdom improved in 3 months to November as the country's output gap is narrowing, a report released by the National Institute of Economics and Social Research revealed on Wednesday. According to the report, the U.K. gross domestic product accelerated 0.8% in the three months until November following a 0.7% growth in the period before.

Wed, 11 Dec 2013 08:16:04 GMT

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