U.S. Dollar rises versus Yen as Fed may taper off

Source: Reuters
The U.S. Dollar advanced on Tuesday rising towards the strongest level in a seven-week period versus the Japanese Yen amid speculation that last week's economic data may push Fed to taper off its stimulus sooner than forecast. The U.S. Dollar strengthened to 99.59 Yen, the most since September 20, while it was last traded 0.4% higher at 99.55.

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Tue, 12 Nov 2013 08:45:07 GMT

Yen falls as gap between Japan's and U.S. bonds widened

The Japanese Yen declined on Tuesday falling against its U.S. counterpart and the Euro as the gap between the country's 30-year bonds and U.S. bonds with the same maturity widened the most in two years amid favourable data from the U.S. showing economic improvement. The Yen slipped 0.4% to 99.57 per U.S. Dollar and it decreased 0.3% to 133.34 per

Tue, 12 Nov 2013 08:23:11 GMT

Wall Street rises as Fed may scale back

Stocks traded on Wall Street inched up on Monday pushing the benchmark index Dow Jones towards its new all-time high as investors turned their attention on the Federal Reserve and its possible scale back amid favourable economic data. The Dow Jones Industrial average added 0.14% to 15,783.10, the Standard & Poor's 500 Index gained 0.07% to 1,771.89 and the Nasdaq

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