U.S. Dollar little changed before before Fed meeting

Source: WBP Online
© Scanpix/AFP
The greenback remained at the same level as Friday's closing price before the opening of New York trading week and before a release of FOMC statement. The statement most likely will show no changes in bond purchases. The greenback gained 0.06% to $1.3269 versus the Euro at 12 p.m., while against the British Pound it appreciated 0.08% to $1.5370. The Fed's two-day policy meeting will start on Tuesday.
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Mon, 29 Jul 2013 13:54:05 GMT

Treasuries little changed at the beginning of week of economic news

Treasuries traded flat on Monday before U.S. home sales data and as investors expect many economic news this week. The ten-year bond yield climbed to 2.569%, while yield on five-year note dropped less than basis point to 1.37%. Yield on 30-year note was seen slightly up to 3.626%. The Fed, ECB and BOE have meetings this week and U.S. unemployment

Mon, 29 Jul 2013 13:32:05 GMT

Yield difference between bunds and gilts narrows on British mortgage data

The yield spread between 10-year British bonds and German 10-year notes shrank to a one-month low after a report suggested that business lending and mortgage approvals declined in the U.K. In June. Ten-year gilt yield dropped two basis points to 2.32% as of 12:16 p.m. in London, while German equivalents remained almost the same at 13.67%.

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