Pound appreciates as consumer confidence and home prices rise

Source: Bloomberg
© FP
The Sterling gained to the strongest in almost two weeks versus the greenback as report indicated the rise in house prices last month and consumer morale reached the highest level since September 2007. U.K. currency grew 0.2% to $1.6727 as of 9:47 a.m. London time after it touched $1.6744, the strongest since Feb. 17. The Sterling has added 1.7% this month, the biggest gain since November. The Pound grew 0.2% to 82.01 pence per Eurozone's currency, adding 0.8% since Feb. 21.

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Fri, 28 Feb 2014 12:57:47 GMT

Copper extends losses on weaker yuan

Copper traded near the lowest in two months as China slowing growth and a weaker Yuan might reduce demand for the metal in China. Copper for delivery in May traded at $7,034.25 a ton at 4:24 p.m. in Tokyo after floating between $7,054 and $6,995. The price reached $6,993.50 on Thursday trading session, the lowest since Dec. 4. The metal for delivery in May  on the CFFEX

Fri, 28 Feb 2014 12:49:14 GMT

China's Yuan falls most on trading band speculation

The Chinese Yuan fell by the most on speculation that nation's central bank will double currency's trading band. The Yuan slipped 0.86% reaching the lowest level in ten months at 6.1808 per U.S. dollar in Shanghai, making it the biggest daily fall in China since 2007. It is expected that China's central bank will double Yuan's trading band at the

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