Dollar drops versus Euro on less payrolls in September

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Source: Reuters
© Scanpix/FP
The U.S. Dollar depreciated on Wednesday falling against the 17-nation bloc currency to the lowest level in two years amid concerns that the Federal Reserve might not scale back its stimulus measures after a government report showed fewer payrolls in September than forecast. The Dollar index slid to a level of 79.141, while the greenback traded at $1.3791 against the Euro. 

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Wed, 23 Oct 2013 07:43:07 GMT

Australia's inflation rises more than expected in Q3

Inflation measured as consumer price index in Australia jumped in the three months ended in September from the quarter before, a report published by the Australian Bureau of Statistics unveiled on Wednesday. The report showed that consumer price index rose 1.2% in the Q3 after it gained 0.4% in the Q2, while it was forecast to add 0.8%.

Wed, 23 Oct 2013 07:21:08 GMT

Wall Street rises on continued stimulus after payrolls

U.S. stocks increased on Tuesday trading session with the benchmark S&P 500 Index recording its new all-time high after a government report shower lower-than-projected results in job creation in September suggesting continued stimulus by Fed. The Dow Jones industrial average added 0.49% to 15,467.66, the S&P 500 advanced 0.57% to 1,754.67 and the Nasdaq gained 0.24% to 3,929.566.

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