U.S. Dollar rises versus most of its peers before Congress meeting

Source: Reuters
© Scanpix/RS
The U.S. Dollar increased against most of its major peers on Tuesday as trading in Europe gathered pace and as investors waited on a result of Wednesday's meeting in Congress of the Federal Reserve Chairman Ben Bernanke and policymakers discussing stimulus program. The U.S. Dollar Index increased 0.2%, while the European shares were traded 0.3% lower.

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Tue, 21 May 2013 11:05:05 GMT

Pound little changed before consumer price report

The British Pound was little changed against its U.S. counterpart on Tuesday as investors awaited a report showing slower-than-expected consumer price inflation in the United Kingdom in April. The so-called Cable was traded at $1.5248 as of 7:44 a.m. in London following an 0.6% increase yesterday, while it was at 84.52 pence per Euro after it dropped to 85.17 pence

Tue, 21 May 2013 10:43:03 GMT

Swiss M3 money supply grow faster in April

M3 money supply in Switzerland advanced for the third time in a row in April as the official reserves gained marginally to $522.47 billion at the end of March, a report released by the Swiss National Bank unveiled on Tuesday. The report showed that M3 money supply rose annually by 10.2% from 9.9% recorded in March, while monetary aggregate M2

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