Aussie falls to 2-year low as RBA Governor predicts end of stimulus

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Source: Bloomberg
© Scanpix/FP
The Australian Dollar declined on Tuesday falling to the weakest level in almost two weeks after the Reserve Bank of Australia's Governor said that the Federal Reserve eventually tapers its stimulus program debasing the U.S. currency. The so-called Aussie dropped 0.7% to 95.09 U.S. cents as of 4:15 p.m. Sydney time and reached the lowest level since October 16 at 95.04.

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Tue, 29 Oct 2013 11:27:09 GMT

German 10-year yields are little changed before Italy and Finland's auction

German government bunds fluctuated on Tuesday as the benchmark 10-year yields traded close to the lowest level since August before auctions of Italian and Finnish debt. German 10-year government bund yielded at 1.75% by 7:12 a.m. London time following a fall to the lowest level since August 13 at 1.74% on October 24, and it has lost 1.4% so far

Tue, 29 Oct 2013 11:05:03 GMT

Gold gained as U.S. data signal continued stimulus

Gold advanced on Tuesday traded near the strongest level in a five-week period after the U.S. government data signalled that the Federal Reserve may continue its $85 billion bond-purchase program after its 2-day policy meeting. Bullion with settlement in October added 0.6% to $1,360.76 an ounce and traded at $1,354.12 as of 2:46 p.m. Singapore time.

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