U.S. Dollar and equities rise before labour market data

Source: Bloomberg
© Scanpix/Reuters
The U.S. Dollar gained and stock prices increased before country's jobs data is announced, expected to show that employers hired 165,000 people in June. The Dollar Index jumped 0.9%, while S&P 500 future contracts increased 1%. The greenback rose 0.3% to 100.30 Yen. European stocks were little changed after yesterday's gain, while MSCI Asian Pacific Index gained 0.9%
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Fri, 05 Jul 2013 09:15:08 GMT

Loonie advances after Europe's meetings

The Canada's currency reversed losses after the BoE and ECB stated that interest rates will remain low, boosting the allure of riskier investments. The Canadian Dollar fell 0.1% to C$1.0515 per U.S. Dollar as of 5:00 p.m. Toronto time after it dropped to C$1.0558 earlier. The Loonie has advanced 0.4% in the previous month versus nine developed country currencies.

Fri, 05 Jul 2013 08:53:05 GMT

Dollar jumps amid prospects jobs rise to back case for Fed to curb stimulus

The U.S. Dollar advanced against most of its major counterparts this week ahead of U.S. data today that may indicate companies created enough jobs to reduce the unemployment rate, fueling expansion prospects for the United States. The greenback jumped 0.3% to 100.30 against the Yen and added 0.2% to $1.2892 versus the 17-nation currency.

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