Dollar drops toward Two-Week bottom against Yen before Fed decision

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AFP
The greenback dropped toward a two-week bottom versus the Yen before the Fed announces today whether it will decrease its $85 billion of monthly asset buying program. The Dollar fell 0.3% to 98.88 Yen as of 10:05 a.m. London time after soaking to 98.46 Yen on September 16 and The Japanese currency rose 0.3% to 132.04 per Euro.
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Wed, 18 Sep 2013 12:12:03 GMT

WTI Crude on rise after four-day drop ahead of Fed decision

West Texas Intermediate soared after decreasing for four days before Fed decision about bond purchases. Futures advanced 1.1% and crude stocks fell by 1.2 million barrels to 359 million last week. October delivery WTI gained $1.15 to $106.57 per barrel on New York Mercantile Exchange, while November settlement Brent added 5 cents to $108.24 per barrel on London-based ICE Futures Europe exchange.

Tue, 17 Sep 2013 17:00:05 GMT

Crude loses for third day as Syria risk decreases

West Texas Intermediate crude lost for a third day as U.S. deal with Russia to remove Syria's chemical weapons reduced risk of supply. October delivery WTI fell 0.7% to $108.54 per barrel at 10:50 a.m. on the New York Mercantile Exchange. The European benchmark's premium to WTI soaked from $3.88 to $3.20 yesterday. November delivery Brent dropped 1.4% to $108.54

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