Pound advances second day against Dollar ahead of U.K. gilt auction

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix\Reuters

The Sterling rallied for the second day versus the U.S. Dollar before the Debt Management Office sells U.K. government gilts expiring in 2068 via banks. Sterling advanced 0.1% to $1.5454, following a decline to $1.5344 yesterday, the weakest level since June 5. The Pound was trading at 85.07 against the common currency.

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Tue, 25 Jun 2013 09:33:04 GMT

Australian currency volatility close to 18-month high

The Aussie Dollar volatility almost reached the highest level in 18 months as the China's cash crunch increased demand for riskier and higher-yielding assets. The Australian Dollar gained 0.1% to 92.55 U.S. cents at 5 p.m. Sydney time, after falling by 0.6%. The Kiwi traded at 77.48 U.S. cents from Monday, when it reached 76.84, the lowest since June 2012.

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