Cable higher on upcoming U.K. growth data

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AFP
On Thursday, the Cable advanced versus the greenback, as market sentiment was influenced by an upcoming report which is widely expected to show that the British economy started to grow in the quarter from July to September. The British Pound added 0.2% versus the U.S. Dollar, being traded at $1.6070 by 8:01 a.m. in London.
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Thu, 25 Oct 2012 12:09:50 GMT

PPI in Spain declined more than expected

Instituto Nacional de Estadistica reported on Thursday that Spanish producer price index declined more than expected. Spain's PPI decreased to a reading of 3.8% on a seasonally adjusted basis from a figure of 4.1% in the month before. Economists, however, expected producer price inflation would be equal to 4.0% in September.

Thu, 25 Oct 2012 13:54:26 GMT

Kiwi advanced to a 6-month high versus the Yen

On Thursday, the New Zealand's Dollar grew to an almost 6-month high versus the Yen, following an announcement about unchanged interest rates by the central bank. The New Zealand Dollar was traded at 65.89 Yen, which was the highest since April, and consolidated at 65.86 Yen by 4:40 p.m. Sydney time, climbing 0.6% for the trading session.

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