US Dollar climbs rapidly on Fed economic assessment

Note: This section contains information in English only.
Source: Bloomberg
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US Dollar advanced versus most if its main peers after Federal Reserve increased their evaluation of US economy and announced it will hold record low interest rates. US currency added 0.3% versus Japanese Yen to JPY 83.22. The greenback also advanced 0.3% against Euro to USD 1.3031, close to 4-week high. Currently USD/JPY is trading at JPY 83.21 and EUR/USD is trading at USD 1.3045.
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Wed, 14 Mar 2012 10:43:24 GMT

S&P 500 rallies on retail sales

S&P 500 index rallied on Tuesday as US retail sales reached 5-month record high and Federal Reserve confirmed the labour market has improved. US benchmark index jumped 1.81% or 24.86 points and closed at 1,395.95. Bank stocks climbed after JP Morgan decided to boost its dividend. Goldman Sachs added 6.5% and Citigroup Inc gained 6.3%. Apple surged 2% after Jefferies Group

Wed, 14 Mar 2012 10:06:47 GMT

Loonie strengthens on US growth

Canadian Dollar climbed versus most of its counterparts on Tuesday as advancing growth in US boosted optimism for global economic development. Demand higher yielding assets such as equities and fuel surged. Canadian currency gained 0.4% against greenback to CAD 0.9886. Currently USD/CAD is trading at CAD 0.9905.

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