Rupee gains as Yellen signals continued stimulus

Source: Bloomberg
Indian Rupee advanced on Monday rising to the strongest level in a week amid traders' optimism that the nation's stocks purchases may be boosted by global funds and as U.S. may continue its monetary stimulus as Yellen signaled. The Rupee gained 0.5% to 62.84 per U.S. Dollar by 9:44 Mumbai time after it reached 62.7800 earlier on the session, the most since November 8.

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Mon, 18 Nov 2013 12:13:04 GMT

Aussie rises versus most of its peers as China reforms

The Australian currency increased on Monday rising against the majority of its most-traded peers after the Chinese government revealed the largest economic reform since at least 1990 boosting Australia's exports outlook to China. The so-called Aussie climbed 0.4% to 94.03 U.S. cents by 5:45 p.m. Sydney time, while the Kiwi traded at NZ$1.1248 per Australian Dollar.

Mon, 18 Nov 2013 11:51:04 GMT

German government bunds yield at 1.71% before GDP report

Government bonds in the Europe's largest economy fluctuated on Monday amid speculation that this week's report may show that the 17-nation bloc area's economic growth increased for the fifth successive month. German benchmark 10-year bunds yielded at 1.71% by 8:57 a.m. in London after the rates fell to 1.65% on October 31, the least since August 8.

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