Sterling pare gains versus greenback after U.K. inflation data

Source: Bloomberg
The British currency pared its gains versus the greenback after report indicated that U.K. consumer-price inflation slowed surprisingly in November, reaching the lowest level in approximately four years. The Sterling traded at $1.6302 as of 10:54 a.m. in London, after climbing 0.2%, while it dropped less than 0.1% to 84.47 pence per Euro after falling to 84.55 pence on Monday, the lowest level in a month.
Back to articles

Actual Topics

Tue, 17 Dec 2013 14:02:06 GMT

Australian Dollar falls to lowest level in five years

The Australian Dollar declined to the lowest level in five years versus its New Zealand counterpart after central bank's statement that they will maintain to loosen policy further. Australia's currency traded at 89.47 U.S. cents, after falling to 89.10 on December 13, lowest level since August 30. The Aussie depreciated 0.3% to NZ$1.08 at 5:18 p.m. Sydney time, after sliding

Tue, 17 Dec 2013 10:32:04 GMT

U.S. Dollar trades near 5-year high versus Yen before Fed

The U.S. Dollar strengthened on Tuesday trading near the five-year peak against the Japanese Yen before a government report showed that inflation in the U.S. rose in November and as Fed starts its policy meeting today. The so-called Greenback traded at 102.99 yen by 6:45 a.m. London time following an advanced to the highest figure since October 2008 at 103.92

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.