Euro gains before European leaders meeting today

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Source: Bloomberg
© Scanpix/Reuters
The 17-nation currency advanced versus most of the major peers before European officials resume talks on bailout for Greece next week. The Euro rose versus the U.S. Dollar and Yen as Eurozone's leaders meet today for budget discussions. The common currency gained 0.1% to $1.2846 after earlier fetching $ 1.2868, the strongest level since November 7. It touched 105.95 yen from 105.86 a day earlier. 
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Thu, 22 Nov 2012 11:25:01 GMT

Oil trades up on growing supplies and improved Chinese manufacturing

Oil was trading close to its highest level in three days as Chinese manufacturing expanded and stockpiles dropped unexpectedly in the U.S. The inventory of crude fell 1.47 million barrels the last week. Contracts on oil were slightly changed after yesterday's advance of 0.7%. Futures on Crude for January were at $ 87.54 a barrel, soaring 16 cents on the

Thu, 22 Nov 2012 12:33:37 GMT

Aussie appreciates on Chinese factory growth

The Aussie halted its two-day drop as China's manufacturing showed growth signs the first time in more than year. The Australian Dollar traded up 0.2% to $ 1.0387, after declining 0.4% throughout the prior two days. Meanwhile, the currency appreciated 0.2% against the yen to 85.791, after Asian stocks advanced, fostering appetite for higher-yielding assets.

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