Ruble down as crude declines

Source: Bloomberg
© Scanpix/FP
The Ruble depreciated for a second consecutive day as crude, the main export good of Russia, decreased. The currency declined 0.2% against the greenback to 32.40 at 2:35 p.m. Moscow time, after a 1% gain last week. Oil dropped 0.9% to 106 a barrel in New York today. The crude and natural gas industry accounts for about half of the nation's budget revenue.
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Tue, 23 Jul 2013 14:14:06 GMT

Canadian Dollar gains to one-month high as retail sales improve

The Canada's Dollar jumped to a record high, following retail sales report showed an improvement in May. The Canadian currency inched up 0.26% to C$1.0305 versus the greenback. Retail sales in Canada jumped 1.9% in May, following an increase of 0.1% in April, overshooting analysts expectations of a 0.4% advance.

Tue, 23 Jul 2013 13:18:05 GMT

Dollar rises as treasury yields increase

The greenback advanced versus its major counterparts as treasury yield increase supported the Dollar. The common currency declined 0.04% to $1.3173. The Dollar rose 0.32% to 99.92 against the Yen. The Pound depreciated 0.08% to $1.5343, while the Aussie was down 0.11% to 92.40. The return on 10-year treasuries jumped 3 basis points to 2.513%.

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