Greenback falls to 2-week low

Source: Reuters
The U.S. Dollar declined earlier on Tuesday trading session falling towards the lowest level in two weeks versus majority of its most-traded peers ahead of testimony of the new Federal Reserve Chairwoman Janet Yellne today. The U.S. Dollar Index slipped 0.1% to 80.544 following a drop to the lowest level since January 29 at 80.498.

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Tue, 11 Feb 2014 07:28:03 GMT

Aussie rises as business conditions improve

The Australian Dollar strengthened on Tuesday rising towards the strongest level in four weeks after a government report showed that the country's business conditions indicator advanced to the highest level in almost three years last month. The so-called Aussie gained as much as 0.6% from Monday's session to $0.9004.

Tue, 11 Feb 2014 07:06:03 GMT

Asia's shares firm before Yellen testifies

The majority of Asian shares remained firm on Tuesday trading session before the U.S. Federal Reserve Chair Janey Yellen speaks today before the Congress suggesting whether the bank will continue cutting its bond-purchasing program further. The MSCI Asia-Pacific gauge outside Japan advanced 1.1%, while the Hong Kong index jumped 1.6%.

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