Sterling headed for second straight week of gains

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Source: Bloomberg
© Scanpix/Reuters
The British currency is headed for a weekly gain for the second week in a row against the greenback and the common currency after reports that fueled speculation on nation's economic recovery. The Sterling slipped 0.1% to $1.5626 as of 7:39 a.m. in London after strengthening to $1.5652 on Thursday, while it traded 85.35 pence per Euro after touching 85.05 pence day earlier.
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Fri, 16 Aug 2013 09:39:53 GMT

German bunds steady ahead of Euro block inflation report

German government bunds remained steady ahead of data analysts said will indicate consumer-price inflation in the Euro block stayed under the European Central Bank's 2% ceiling for the sixth month in July. The 10-yea bond yielded 1.88% and the price of the 1.5% note maturing in May 2023 was 96.64, adding to signs German bunds fell 2.4% this year.

Fri, 16 Aug 2013 09:57:13 GMT

Greenback set for advance this week

The U.S. Dollar is headed for its biggest one-week rise in four weeks against the Japanese Yen with U.S. 10-year note yields at the highest level in two years. The greenback gained 0.2% to 97.56 Yen at 6:46 a.m. London time, making it a 1.4% climb weekly, while it traded at $1.3342 per Euro from Thursday and from $1.3342 at

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