Sterling depreciates to lowest in month

Source: Bloomberg
© Scanpix/Reuters
The British currency depreciated to the weakest level in approximately four weeks versus the greenback ahead of industry data that are expected to indicate that countries services expanded slower in June. The U.K. currency dropped 0.1% to $1.5136 as of 8:24 a.m. in London after touching $1.5130, the weakest since May 30. The Pound was at 85.57 pence per Euro, it reached 85.94 pence on Tuesday.
Back to articles

Actual Topics

Wed, 03 Jul 2013 09:57:15 GMT

Loonie falls on bets U.S. economy grows faster

The Canadian currency slipped to lowest level in 20 months as U.S. manufacturing output jumped in May, increasing the concerns that U.S. economy is growing at faster pace compared to Canada's. The Canadian Dollar weakened 0.5% to C$1.0544 per U.S. Dollar as of 5 p.m. Toronto time; touching the lowest level since October 4, 2011 and one Canada's Dollar buys

Wed, 03 Jul 2013 09:35:20 GMT

Dollar index rises before jobs data

The U.S. Dollar Index jumped to 4-weeks high as investors are waiting for the U.S. jobs reports, which is expected to show the economy added 160,000 jobs. The greenback rose to the highest point in a month against the Euro before the report, which might show that U.S. service industries expanded most since March. The Dollar Index rose 0.1% to

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.