Dollar rises against Euro amid instability in euro-zone

Source: Bloomberg
The U.S. Dollar appreciated against the Euro due to mounting political instability and its implication for euro-zone's economy. The Euro dropped before the data release, which is expected to show that industrial output in the region declined. The Greenback rose 0.2% to 1.3066 per Euro after falling to 1.3207 yesterday. The currency slid 1.9% this week so far.
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Fri, 12 Jul 2013 11:05:05 GMT

U.K. stocks rally on central banks' comments

U.K. stocks rose due to increased optimism that the central banks will continue accommodative monetary policies. The FTSE 100 Index jumped 0.4% to 6,566.52 today, while it increased 3% this week, heading the biggest weekly gain since November. The FTSE All-Share Index rose 0.3%, while ISEQ Index climbed 0.4% so far today.

Fri, 12 Jul 2013 10:43:08 GMT

Yen declines from 2-week high as Dollar jumps

The Japanese Yen retreated on early Friday's trading session, as the Dollar advanced, after declining on Ben Bernanke's comments about stimulus and the labor market. The Japanese currency fell from ¥99 to ¥99.06 versus the U.S. Dollar. The Yen remained flat versus the Pound and was at ¥150.25, and also was flat against the common currency at ¥129.50. 

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