Dollar Index headed for third straight one-week fall

Source: Bloomberg
© Scanpix/Reuters
The Dollar Index declined, prolonging a third one-week drop in a row, on bets that at the next Fed's meeting they will reassure that stimulus measures will remain accommodative. The Dollar Index, declined 0.3% to 81.720 at 6:48 a.m. London time. The U.S. currency slipped 0.5% to 98.82 Japanese Yen after reaching 98.63, the lowest since July 11, while it traded at $1.3278 per Euro.
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Fri, 26 Jul 2013 08:33:05 GMT

Loonie touches highest level in month

The Canadian currency touched its strongest level in four weeks as the Canadian heavy oil's discount compared to U.S. benchmark narrowed, increasing growth forecasts. The Canadian Dollar appreciated 0.4% to C$1.0280 per U.S. Dollar as of 5 p.m. Toronto time, after it reached C$1.0255 per U.S. Dollar, the strongest since June 19. One Canadian Dollar buys 97.28 U.S. cents.

Thu, 25 Jul 2013 15:22:05 GMT

Gold green again after U.S. Dollar weakened

Gold gained, recovering from losses in previous session, after the greenback weakened. Gold futures climbed 0.44% to $1,325.40 per ounce at 10:145 EDT. Dollar index fell back 0.22% to 82.106, which is relatively low level compared to 84.75, the highest level in three years reached earlier in July. The index and precious metals typically react inversely.

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