Forint gains after eight-day fall on disappointing U.S. data

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Source: Bloomberg
Hungarian Forint advanced after weaker-than-expected U.S. payroll data boosted speculation the Federal Reserve may not hurry with reduction of bond purchases. The Hungary's currency added 0.6% to 298.97 per Euro at 4:10 p.m. in Budapest, the first increase in nine consecutive days. Forint lost 1.4% in July due to government's plan to phase out mortgages in foreign currencies.
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Fri, 02 Aug 2013 17:05:10 GMT

Loonie depreciates on bets Fed won't stop tapering

The Canada's Dollar declined versus the majority of its main trading peers on speculation that below-expectations U.S. jobs data will not change the Federal Reserve plans to scale back monetary stimulus. The currency fell 0.3% to C$1.0373 per greenback as of 10:54 a.m. Toronto time. Unemployment rate of the U.S. Dropped from 7.6% to 7.4% in July.

Fri, 02 Aug 2013 14:46:05 GMT

U.K equities down after U.S. jobs report

U.K. stocks had first drop in five days after U.S. data showed that employers added fewer-than-expected jobs in the last month. The FTSE 100 lost 0.5% to 6,650.17 p.m. London time. The index still has a 1.5% weekly gain which started after a report suggested that the U.S. economy expanded more than forecast and the Fed announced it will maintain a loose policy.

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