USD drops on import prices

Note: This section contains information in English only.
Source: Marketwatch

The greenback lost ground on Tuesday after a 1 per cent decrease of May import prices. The ICE dollar's index, which shows currency's relation to its six major counterparts, slipped from 82.507 to 82.463. The single European currency inched higher to $1.2501, compared to $1.2491 in the previous session.

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Tue, 12 Jun 2012 18:24:41 GMT

Increased estimates for Swiss' GDP

According to the State Secretariat for Economic Affairs located in Bern, Switzerland's government increased their estimates for the country's GDP from 0.8% to 1.4% for 2012. It appears that the Swiss economy is bouncing back with the KOF indicator boosting for 4 consecutive months in May, the consumer index reaching its one-year peak in April and the BCHN possibly surpassing order growth of 10%

Tue, 12 Jun 2012 18:57:39 GMT

U.K. stocks gain on miners

U.K. markets edged higher during a choppy session this Tuesday on the growth of miners. The FTSE 100 index rose 0.5 per cent to 5,461.78, while Barclays retreated 1.7 per cent and Lloyds Banking Group PLC slumped 1 per cent.

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