Dollar drops before economic data

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Source: Reuters
The U.S. currency declined on Friday falling against the majority of its most-traded peers after a report showed that consumer price inflation missed the Federal Reserve's target suggesting that it may keep the rates low. The U.S. Dollar index measuring its performance against basket of major currencies lost 0.1% and was last seen at 80.93.

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Fri, 17 Jan 2014 09:14:07 GMT

Aussie slips after labour market report

The Australian currency weakened on Friday falling against the U.S. Dollar and the Japanese Yen after data from the labour market showed unfavourable results pushing the Aussie towards the lowest level in three-and-a-half year. The Australian Dollar shed 0.2% to $0.8804 after slipping 1% yesterday, while it slid 0.2% to 91.78 yen and it traded at A$1.5460 per Euro.

Fri, 17 Jan 2014 08:52:04 GMT

U.S. shares drop after reaching highs

Wall Street shares closed lower on Thursday trading session with the benchmark indexes Standard & Poor's 500 and the Dow Jones falling from their record highs reached the session before as banks from Goldman Sachs to Citigroup showed disappointment reports. The Dow Jones industrial average shed 0.39% to 16,417.01, the S&P 500 Index lost 0.13% to 1,845.89 and the Nasdaq

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