Sterling's August advance versus Franc was too much

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Associated Press
The British Pound is erasing its biggest monthly advance in a year versus the Swiss currency as trading patterns indicate that its appreciation was too much. The Pound climbed previous week to the highest level in approximately two months at 1.4592 Francs, while it has risen 2.8% in August against 10 developed-country currencies, making it the best monthly advance in almost two years.
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Wed, 21 Aug 2013 08:30:08 GMT

Loonie falls to the lowest level in two weeks

The Canadian currency dropped to the lowest level in approximately 14 days as oil slipped on worries that the Fed will start tapering its monetary stimulus in September. The Loonie fell, for a third consecutive day, losing 0.5% to C$1.0392 per U.S. Dollar as of 5 p.m. Toronto time, after it reached C$1.0401, the lowest level since August 8.

Wed, 21 Aug 2013 08:01:08 GMT

Dollar advances against Asian counterparts

The greenback appreciated against its Asian peers as the minutes from the Fed's previous meeting is awaited by investors and they might give signals on tapering. The U.S. currency rose 0.4% to 90.38 U.S. cents per Aussie and gained 0.5% to 79.40 cents versus its New Zealand counterpart. The greenback climbed 0.4% to 97.64 Japanese Yen.

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