Euro weakens most in two months on overheating speculation

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Source: Bloomberg
The Euro declined the most versus the greenback in two months on speculation that its six-month advance will end even as there were positive reports for European economy. The 18-nation currency added 1.2% to $1.3589 today, after rising to $1.3893 on December 27, the highest level in two years, while the Yen rose 0.6% to 142.48 per Euro.
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Mon, 06 Jan 2014 14:48:03 GMT

European shares little changed ahead of U.S. services report

European shares were little changed ahead of services-industry data in the U.S. and as Chinese non-manufacturing index fell. The Stoxx Europe 600 Index advanced less than 0.1% to 327.80 as of 1:24 p.m. London time and it has gained 5.8% from its December 13 low. The equity-benchmark jumped 17% previous year as central banks left interest rates low.

Mon, 06 Jan 2014 13:52:03 GMT

Sterling declines for third straight day as services slow

The British currency depreciated for a third straight day versus the greenback after U.K. services growth slowed surprisingly in December. The Sterling slid 0.3% to $1.6376 as of 12:32 p.m. in London, after reaching $1.6603 on January 2, the strongest level in two years. The Pound declined 0.4% to 83.06 pence per Euro after touching 82.71 pence on January 2,

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