Dollar climbs on housing data

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Source: Reuters
The greenback inched higher comparing to the Yen on Wednesday on received data about U.S. home prices going up, reaching the highest level in two years period this July. The Dollar advanced to 78.70 yen, a 0.3 per cent increase, while the single European currency declined to $1.2519.


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Wed, 29 Aug 2012 18:52:12 GMT

Loonie advances on U.S. GDP surge

Canada's currency rose to a four-month high versus the Greenback as the economy of its major trading partner expanded more than preliminary estimated in Q2. On Wednesday, Canadian Dollar advanced 0.1% to 98.73 cents per U.S. Dollar, after reaching 98.43 cents yesterday, the highest since May 3. One Loonie buys $1.01297.

Wed, 29 Aug 2012 19:25:11 GMT

Asian markets lose, while Japan gains

Asian shares fell on Wednesday as a result of week steel outputs, while Japanese market went up on deal speculation. Japan's Nikkei Stock Average inched higher 0.2 per cent and South Korea's Kospi rose 0.6 per cent. Hong Kong's Hang Seng Index and the Shanghai Composite Index declined by 0.1 per cent and 1 per cent, respectively.

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