U.S. Dollar, shares worldwide decline, investors trim risk

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Source: Reuters
© Scanpix\Reuters
The U.S. Dollar traded under 100 Yen and global equity markets slipped on Wednesday following a weaker-than-expected report on U.S. jobs that supported expectations the Federal Reserve will continue its bond-buying programme. The greenback reached the weakest level of 99.13 against the Japanese Yen ahead of transferring to 99.56 Yen.
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Wed, 05 Jun 2013 16:38:36 GMT

Canadian currency depreciates amid speculation Fed will scale back buying

Canada's currency reached the weakest level in one year against its U.S. counterpart after faster-than-expected growth in American service industries increased speculation the Fed might slow down its bond-buying programme. The loonie fell 0.1% to C$1.0355 against U.S. currency as reaching C$1.0380.

Wed, 05 Jun 2013 16:35:56 GMT

U.S. stocks open lower following ADP report

U.S. shares traded lower as a report indicated the increase of payrolls was not enough to minimize concerns the Fed may taper its economic stimulus. The Dow Jones Industrial Average declined 0.37% to 15,122.13 and the S&P 500 Index fell 0.39% to 1,624.94, and the Nasdaq Composite Index dropped 0.42% to 3,430.93.

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