Euro jumps to new highs as Dollar falls

Source: Bloomberg
© Scanpix\AP
The 17-nation currency advanced versus the greenback as concerns over the Federal Reserve's bond purchase tapering outweighed the lower-than-forecast expansion in German producer prices. The common currency rose 0.28% to $1.3373 against the Dollar and gained 0.16% to 0.8535 against the Sterling, while declined 0.03% to 130.05 versus the Yen.
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Tue, 20 Aug 2013 10:29:30 GMT

Silver drops amid profit-pocketing after touching 3-month high

Silver future prices declined about 2% in an early trade after investors booked profits as the metal touched the highest level in three months yesterday, as well as the uncertainty over stimulus tapering in the U.S. pushed silver lower. Silver plummeted 1.25% to $22.875 per ounce, after reaching $23.150 per ounce in the previous day.

Tue, 20 Aug 2013 10:07:55 GMT

Yen appreciates as shares fall

The Japanese Yen appreciated for the first day out of last three versus the greenback as a decline in shares around the world boosted demand for relatively safe Japan's currency. The Japanese currency gained 0.3% to 97.27 per Dollar at 9:43 a.m. in London after climbing to 95.81 on August 8, the highest since June 19, while the Yen trade

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