Sterling higher versus Euro on dimming QE chances

Note: This section contains information in English only.
Source: Reuters
© Scanpix/Reuters
On Monday, the Sterling was traded higher versus the Euro, reaching a 3-week high, as speculation about another round of quantitative easing by BoE eased, following strong U.K. data. EUR/GBP reached a session low of 0.8024 and subsequently consolidated at 0.8048 by 1:42 p.m. London time.
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Mon, 29 Oct 2012 14:07:25 GMT

German CPI in line with expectations

The German Federal Statistics Bureau reported on Monday that German consumer price index grew in compliance with expectations in October. The cost of living in Germany increased by 2% during the year prior to October 2012. The reading was unchanged from a September's figure. Month over month, the index was also flat and in compliance with expectations at the level

Mon, 29 Oct 2012 15:09:55 GMT

The greenback higher versus loonie

On Monday, the U.S. Dollar was traded higher versus the Canadian counterpart, as global growth concerns underpinned the demand for safer assets. USD/CAD hit a session high of 1.0004 and later consolidated at 0.9997, which was a 0.27% growth for the early U.S. trading hours. Previously, the currencies were at parity in early August.

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