Euro gains on growth signs ahead of ECB decision

Source: Bloomberg
Eurozone's currency climbed from near the lowest level in five weeks versus the greenback on ideas that the ECB will refrain from adding stimulus amid recovery in the single currency region. The 18-nation currency added 0.2% to $1.3599 as of 12:08 p.m. in London, after falling to $1.3554 on Wednesday, the lowest level since December 5. The Euro climbed 0.3% to 142.77 Yen, while the Dollar gained 0.1% to 103.98 Yen.
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Thu, 09 Jan 2014 13:34:05 GMT

Loonie depreciates to three-year low on rate speculation

Canada's currency declined below C$1.08 per U.S. Dollar for the first time in approximately three years after the Bank of Canada Governor Poloz stated that there is no pressure to increase interest rates. The Canadian Dollar slipped 0.6% to C$1.0830 per U.S. Dollar, the lowest level since May 2010, ahead of reaching C$1.0820 as of 5:00 p.m. Toronto time.

Thu, 09 Jan 2014 12:52:03 GMT

Sterling reaches highest level in two years against Dollar

The British currency reached its highest level versus the greenback after the Bank of England left its monetary policy unchanged. The Pound traded at $1.6459 as of 12:06 p.m. in London, after advancing to $1.6603 on January 2, the strongest level in two years. U.K.'s currency slid 0.1% to 82.63 pence per Euro after strengthening to 82.42 pence on Wednesday.

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