Yen declines as investors expect Bernanke testimony

Note: This section contains information in English only.
Source: WBPonline
© Scanpix\Reuters
The Japanese currency declined versus its major counterparts, as investors were expecting the speech from the Federal Reserve Chairman Ben Bernanke on quantitative easing, which may provide signals on when the Fed plans to begin reducing its bond-buying programme. The Yen retreated 0.25% to 99.33 versus the greenback and dropped 0.18% to 130.54 versus the 17-nation currency.
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Wed, 17 Jul 2013 09:27:06 GMT

Sterling shot up following BoE minutes; U.K. report

The Pound advanced as the Bank of England released it minutes from the July 4 meeting with increased jobs report, as investors await the speech from the Federal Reserve chief Ben Bernanke. The Bank of England officials voted to maintain bond purchases unchanged at £375 billion this month. The Sterling added 0.45% to $1.5234 versus the greenback and jumped 0.50%

Wed, 17 Jul 2013 08:54:07 GMT

Loonie advances before Bernanke testimony

The Canadian the currency snapped two days of declines versus U.S. Dollar on bets the Fed's Chairman Bernanke could state that they are in no rush to wind down monetary stimulus programme. Canada's currency strengthened 0.6% to C$1.0369 per U.S. Dollar as of 5 p.m. Toronto time and one Canadian Dollar buys 94.44 U.S. cents.

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