Australian Dollar set for second weekly advance in a row

Source: Bloomberg
© Scanpix/Reuters
The Aussie is headed for a second weekly advance in a row versus the U.S. Dollar on bets that the Fed will continue its monetary stimulus programme. The Australian currency strengthened 0.1% to 92.59 U.S. cents at 4:46 p.m. Sydney time and it is headed for a 1% weekly gains. New Zealand's currency traded at 80.77 U.S. cents after rising 1.9% on Thursday, its biggest daily climb in approximately a year.
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Fri, 26 Jul 2013 08:55:04 GMT

Gold headed for biggest weekly rally since March

Gold is set for the best weekly advance since March as the U.S. economy is recovering and the newest nation's data have confirmed that. Spot gold rose 0.3% an ounce, and was at $1,334.55 as of 8:30 a.n. Singapore time. The yellow metal prices have gained 3% weekly after increasing to $1,348.65 on Wednesday, which was a one-month high.  

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.

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