Greenback higher on Spanish worries

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Source: Forexpros

On Tuesday, the greenback was broadly higher versus its major counterparts amid renewed concerns about Spanish ability to cope with its debt problems. The U.S. Dollar gained versus the Euro, EUR/USD at 1.3084, which was a 0.24% decline for the European morning trading session. GBP/USD also edged down to 1.6236, losing 0.08%, and USD/CAD added 0.04% to trade at 0.9752.

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Tue, 18 Sep 2012 11:17:06 GMT

Swiss Franc gains versus major peers

Swiss Franc trimmed some of earlier losses versus its major counterparts before the European session on Tuesday. The Franc advanced to 0.9262 versus the U.S. Dollar and surged to 84.96 versus the Yen. It also gained to 1.2138 versus the common currency and to 1.6053 versus the Sterling.

Tue, 18 Sep 2012 10:41:04 GMT

U.K. RPI fell more than expected

Office for National Statistics reported on Tuesday that the Retail Price Index, which measures the difference in prices for goods that consumers buy for the purpose of consumption, declined but less than expected. In the year that preceded August, retail prices grew by 2.9%, compared to a July's reading of 3.2%, and defying the expectations of a 3.1% growth.

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