Dollar declines ahead of Fed meeting

Source: Bloomberg
The U.S. Dollar fell versus the 17-nation currency and the Japanese Yen as the investors speculated on U.S. data to forecast when the Fed will start tapering its monetary stimulus programme. The greenback slid 0.2% to 103.03 Yen at 10:14 a.m. in London, after reaching 103.92 Yen on December 13. The U.S. Dollar slipped 0.2% to $1.3765 per Euro, while the shared currency traded at 141.85 Yen.
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Mon, 16 Dec 2013 14:04:04 GMT

German shares little changed

German shares gained slightly, following two weeks of declines, as Fed's two-day policy meeting that starts tomorrow is awaited by investors. The DAX Index rose less than 0.1% to 9,006.72 as of 9:10 a.m. Frankfurt time, while the HDAX Index was little changed. The biggest gainers on the DAX were Deutsche Telekom AG and Commerzbank AG, while Daimler AG and

Mon, 16 Dec 2013 11:47:03 GMT

German bonds drop before manufacturing and service data

German government bunds increased on Monday gaining for the second successive session before a government report showed that manufacturing and service sector in the 17-nation bloc accelerated for the sixth straight month in December. Germany's benchmark 10-year bunds yielded two basis points lower at 1.81% as of 7:19 a.m. in London, the least since December 5.

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