Greenback gains against most-traded peers

Source: Bloomberg
© Scanpix/Reuters
The U.S. Dollar rose against almost all of its most-trade peers ahead of housing employment claims that may indicate if the nation is continuing its recovery, increasing speculation that the Fed will start tapering in September. The greenback gained 0.6% to 98.24 Yen at 6:35 a.m. London time, after reaching 98.34 earlier, the strongest since August 15, while it added 0.1% to $1.3341 per Euro after advancing 0.5% on Wednesday.
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Thu, 22 Aug 2013 07:44:04 GMT

Sterling drops for second consecutive day

The British currency declined for a second straight day versus the greenback after the Fed officials supported the plan to cut their monetary stimulus programme this year. The Sterling fell 0.4% to $1.5604 as of 7:42 a.m. in London after reaching $1.5718 day earlier, the strongest level in a month, while it slipped 0.3% to 85.51 pence per Euro.

Wed, 21 Aug 2013 15:28:59 GMT

Treasury yields trade near two-year higs prior to Fed minutes

Treasury 10-year note interest rates reached two-year high before the Fed releases minutes from July meeting, which may include signs of when policy makers intend to pare monetary stimulus. The treasury 10-year yield added 0.04% to 2.85% as of 9:45 New York time, while the 30-year yield gained four basis points to 3.89%.

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