Australian and New Zealand Dollar appreciate

Source: Bloomberg
© Scanpix/Agence France-Presse
The Aussie and Kiwi prolonged their climb to a third straight day as commodity prices continued to rise and the volatility dropped supporting higher-yielding asset demand. The Australian currency gained 0.1% to 92.57 U.S. cents at 10:46 a.m. Sydney time after adding 0.9% over the last two days. The Kiwi rose 0.2% to 79.81 U.S. cents after reaching 79.91 previous week, the strongest since June 19. 
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Tue, 23 Jul 2013 08:36:05 GMT

European shares rise for a fifth day as Royal KPN adds

European shares increased for the fifth day, extending their longest streak of gains in about three months, after Telenor ASA and Swatch Group AG posted higher profit. Royal KPN NV advanced 11% after announcing that Telefonica Deutschland Holding AG. may take over KPN's German mobile operator E-Plus. The Stoxx Europe 600 Index added 0.4% to 301.4.

Tue, 23 Jul 2013 08:25:05 GMT

Euro steady following one-month high

The Euro remained flat at its last ending price, after jumping to the strongest level in one month versus the U.S. Dollar, boosted by weaker-than-forecast U.S. home sales data. The common currency was steady at $1.3188 and remained unchanged at 0.8588 against the Sterling, as well as it was trading flat at 131.34 versus the Yen.

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