Euro sits near 9-month low versus the Dollar

Note: This section contains information in English only.
Source: Investing.com
The common currency remained steady versus the US Dollar just above its lowest level in nine months. Traders are still cautious while they focus on Euro zone's data regarding inflation and economic growth, due to be released on Thursday. The Euro traded at 1.3371 against the US Dollar, close to its lowest level in nine months at 1.3332.
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Wed, 13 Aug 2014 10:21:06 GMT

Dollar remains steady versus the Yen after GDP data

The US Dollar remained steady against the Japanese Yen after the release of Japan's GDP data. During the second quarter the real GDP decreased by 6.8%, revealing to be less than the 7.1% forecast. Earlier this day, the Greenback rose from 102.25 to 102.28 against the Yen.

Wed, 13 Aug 2014 09:59:08 GMT

Chinese industrial output sees slower growth

China's industrial and fixed-asset investment growth was lower, which could add to the worries about its economic recovery. With the industrial output growing 9.0% year-on-year in July and fixed-asset investment increasing 17% there could be increased growth risk as the property sector and loans are still worrying. Meanwhile, the Shanghai Composite Index was 0.4% lower after the data.

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