Pound returns from three-week low against Euro on Carney's growth vision

Source: Bloomberg
© Scanpix/AP
The Pound appreciated from a three-week low as BoE Governor could not convince investors that interest rates will be kept very low. The sterling added 0.4% to 85.82 pence per Euro as of 3:18 p.m. in London, while the Pound lost 0.1% to $1.5530, following a drop to $1.5429 on August 14. The two-year gilt yield soared 0.05 percentage points to 0.47%.
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Thu, 29 Aug 2013 07:47:05 GMT

Dollar stays above Euro on U.S. growth

The Dollar remained above the Euro after its strongest soar in a week prior to U.S. data that might indicate the economy advanced faster than estimated, giving more reason for the Fed to reduce stimulus. The greenback added 0.2% to $1.3315 per Euro at 6:38 a.m. London time, following a 0.4% appreciation yesterday, while the Yen lost 0.2% to 97.79

Wed, 28 Aug 2013 16:09:04 GMT

U.S. Stocks stable amid home data and Syria concern

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