US deprecaited against its peers on QE3 speculation

Source: Forexpros
The USD lost value against its peers starting from July 2, when the IMS manufacturing activity  index decreased below 50. On Tuesday, the EUR  and GBP both added 0.23% and 0.01% against the American currency. Weak manufacturing data spurred speculation about QE3 thus adding pressure on the US currency.
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Wed, 04 Jul 2012 10:15:39 GMT

Hang Seng slips 0.1% on Wednesday

Hong Kong shares did not follow overall positive market sentiment in Asia on Wednesday and country's major stock index Hang Seng closed 0.13% or 25.78 points lower at 19,709.75. Analysts associate retreatment with profit taking after recent strong gains. Moreover investors looked forward ECB interest rate decision due on Thursday. Today's loss, however, was limited as energy companies rallied due

Wed, 04 Jul 2012 15:05:38 GMT

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