Euro falls to six-week low amid Draghi comments

Source: Bloomberg
© Scanpix/Reuters
The common currency slid to a six-week bottom against the greenback as Mario Draghi, the ECB President stated that officials discussed interest-rate cut. The Euro dropped versus the Japanese currency, while the U.S. Dollar climbed through 100 Yen, first time after July. The Euro lost 0.6% to $1.3125 at 10:26 in New York, while the greenback added 0.4% at 100.11 Yen. The common currency also dropped 0.3% to 131.39 Japanese currency.
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Fri, 06 Sep 2013 08:02:03 GMT

Yen jumps, U.S. jobs report in focus

The Japanese currency advanced against the U.S. Dollar before the key macroeconomic data from the U.S., with non-farm payrolls forecast to increase by 176,000 in August in the U.S. The Japan's Yen inched up 0.32% to ¥99.77 versus the U.S. Dollar and advanced 0.25% to ¥131.00 versus the common currency, and jumped 0.22% to ¥155.69 against the Sterling.

Thu, 05 Sep 2013 16:39:04 GMT

U.S. services sector accelerates in August

Activity in the main sector of the U.S. economy surged this August, while the Institute for Supply Management benchmark index advanced to 58.6 points from 56 points the month earlier. It is worth saying that the index reached its highest value since December 2005. Analysts, on average, estimated the ISM index to decline to 55 points. The index above 50

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