Greenback strengthens as unemployment insurance claims fall

Note: This section contains information in English only.
Source: WBP Online
© Scanpix/AFP
The U.S. Dollar gained as the number of jobless claims for the first time dropped last week, giving positive signals about the economy's recovery. The number fell from 358,000 to 334,000, while analysts predicted it to be 345,000. The U.S. currency was up 0.7% to 100.26 versus the Japanese Yen at 9:25 p.m. GMT. Against the Pound, the Dollar traded at $1.3088, up 0.28%.
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Thu, 18 Jul 2013 15:52:10 GMT

Treasuries drop amid speculation of stimulus tapering

Treasuries declined for the first time this week after reports on regional manufacturing and jobless claims indicated that the U.S. economy is gaining strength. The data boosts speculation that the Federal Reserves could slow down asset purchases. Yield on 10-year treasury gained three basis points to 2.52% at 10:51 a.m. in New York.

Thu, 18 Jul 2013 15:43:03 GMT

European bonds climbs on stimulus speculation

European bonds advanced for a third straight day as Fed Chairman Bernanke's speech boosted speculation that that central banks around the globe will continue stimulus. Germany's ten-year bond yield declined two basis points to 1.52% as of 2:07 p.m. in London. Return on 10-year Dutch bonds decreased three basis point to 1.95%.

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