U.K. house prices may rise further: Capital Economics

Source: RTT News
U.K. house prices will likely remain in an uptrend in the following months with a moderate slowdown expected to be seen in the long-term period, a statement released by Capital Economics showed on Thursday. A private report this week revealed that house prices in the nation advanced 0.7% in January recording the 12th successive increase.

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Thu, 30 Jan 2014 14:14:04 GMT

Dollar appreciates after Fed cuts stimulus

The U.S. Dollar appreciated after the Fed winded down its monetary stimulus programme that has weakened the greenback in the past and emerging-market currencies prolonged retreats. The U.S. Dollar added 0.5% to $1.3593 per Euro as of 7:30 a.m. in New York, while the currency rose 0.1% to 102.41 Japanese Yen. The Euro slid 0.4% to 139.22 Yen.

Thu, 30 Jan 2014 13:52:04 GMT

Sterling weakens third straight day against greenback after Fed

The British currency dropped for a third straight day against the U.S. Dollar as the Fed officials yesterday cut its monetary stimulus after the BoE Governor Carney stated that he will keep interest rates low. The Sterling slid 0.5% to $1.6480 as of 12:38 p.m. in London, after it advanced to $1.6668 on January 24. The British Pound was at

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