Pound moving in on weekly gain versus Euro after S&P cut France's credit rating

Source: Bloomberg
The Sterling was fluctuated at 83.43 pence per Euro at 9:22 a.m. in London, after reaching 83.01 pence yesterday, the highest since January 17, after Standard & Poor's, the world's leading index and credit ratings provider, downgraded France's credit rating by one notch from AA+ to AA, as government's taxation, services and product as well as labor market reforms won't improve country's medium-term growth.
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Fri, 08 Nov 2013 10:50:13 GMT

U.S. Dollar gains before payrolls and as ECB lowers rates

The U.S. Dollar increased on Friday against the 17-nation bloc currency before a government data showed that payrolls in the U.S. rose and as the European Central Bank surprisingly cut its interest rates on yesterday's policy meeting. The U.S. Dollar Index measuring a performance of the currency against its most traded peers gained to 81.46, the most in eight weeks,

Fri, 08 Nov 2013 10:28:06 GMT

WTI crude gains on U.S. economic expansion

West Texas Intermediate crude oil advanced 0.16% to $94.38 per barrel, while the Brent sweet light crude slipped 0.44% to $103.03 per barrel this morning, as U.S. economy expanded 2.5% during last three month, showing signs of sustained recovery. GDP advanced to annualized 2.8% in Q3, which is 0.8% more than expected, while jobs claims dropped by 9,000 to 336,000

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