Wall Street falls as Fed's minutes shows scale back on one of next meetings

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Source: Reuters
U.S. shares closed lower on Wednesday falling after the Federal Reserve minutes from the last meeting were released signaling that the U.S. central bank may start tapering its bond-purchasing program on one of its next meetings. The Standard & Poor's 500 Index dropped 0.36% to 1,781.37, the Dow Jones industrial average fell 0.41% to 15,900.82 and the Nasdaq Composite Index slid 0.26% to 3,921.27.

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Thu, 21 Nov 2013 11:00:11 GMT

U.S. Dollar rises after Fed's minutes showed less stimulus

The U.S. Dollar increased on Thursday rising to the highest level in four months against the Japanese Yen after the Federal Reserve minutes signaled possible scale back of the U.S. central bank's stimulus on one of the next meetings. The so-called Greenback advanced to 100.83 Yen, the most since July, while the Dollar Index measuring its performance versus its most-traded

Thu, 21 Nov 2013 10:38:04 GMT

Aussie close to two-month low on China manufacturing data

The Australian Dollar dropped 0.4% versus U.S. Dollar almost reaching the lowest level in two-months, after China's manufacturing contracted more than expected and the IMF said that the Australian Dollar looks overvalued by 10%. The Aussie tumbled 1.1% yesterday, the most in three moths, as the Fed signalled that the bond purchases might be soon reduced.

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