Canada's Dollar falls on speculation Fed scales back next week

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Source: Bloomberg
The Canadian currency weakened on Tuesday falling towards the lowest level in three years on speculation that the Federal Reserve may tapper off its monetary easing next week on the central bank's policy meeting. The so-called Loonie declined 0.3% and added 0.1% to C$1.0627 per Greenback as of 5 p.m. Toronto time.

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Tue, 10 Dec 2013 11:20:15 GMT

Pound rises as house prices in U.K. reach 10-year high

The British Sterling increased on Tuesday jumping to the strongest level in two years against the U.S. Dollar after a government report showed that house prices in the United Kingdom advanced to the highest figure in more than 10 years last month. The Pound strengthened 0.1% to $1.6453 as of 7:41 a.m. in London following a jump to $1.6466, the

Tue, 10 Dec 2013 10:58:11 GMT

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