Dollar Index drops

Source: Bloomberg
© Scanpix/Reuters
The Dollar Index slipped to its four-month low on bets that the Fed will not increase lending rates. The Dollar Index, which is used to monitor changes of the U.S. Dollar versus six major U.S. trade partners, dropped 0.3% to 80.674 after touching the lowest point since February 19. The Fed officials' next meeting is scheduled on June 18-19.
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Fri, 14 Jun 2013 10:57:55 GMT

German shares advance

German shares rose, ending the past week's decline for the benchmark DAX Index, as investors were watching the changes in the U.S. economy and in the stimulus measures from central banks. The DAX Index gained 0.7% to 8,149.21 as of 10:42 a.m. Frankfurt time; however, the index has slipped 1.3% weekly on concern that the Federal Reserves might curb the

Fri, 14 Jun 2013 10:05:58 GMT

Treasuries poised for first weekly rise since April on Fed speculation

Treasuries were set for their first weekly rise since April after investors claimed that speculation was excessive that the Fed could soon signal to pare easing. Ten-year yields headed towards the highest level in 14-months this week. U.S. 10-year bond yields remained flat at 2.15% and the price of the 1.75% security maturing in Many 2023 was at 96 14/32.

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