Dollar headed for largest weekly advance in two months

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Source: Bloomberg
The U.S. Dollar headed towards its largest weekly advance in two months versus the Euro on speculation the U.S. data today will boost the case for the Federal Reserve to taper bond purchases. The greenback was steady at $1.3236 versus the Euro and declined 0.4% to 97.95 against the Japanese Yen, while the Yen jumped 0.5% to 129.64 versus the Euro.
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Fri, 30 Aug 2013 10:30:04 GMT

Yen sent higher, following Japanese data

The Japanese currency snapped its two-day decline and advanced versus the U.S. Dollar, as Japan posted inflation and industrial output report earlier in the day. The Japanese Yen rallied 0.35% to ¥97.98 against the greenback and jumped 0.23% to ¥129.92 against the 17-nation currency, and climbed 0.27% to ¥151.02 versus the Sterling.

Fri, 30 Aug 2013 09:58:03 GMT

Canada's Dollar falls to weakest this week ahead of GDP data

Canadian currency declined to the weakest level this week ahead of data tomorrow that may indicate the Canadian economy stagnated the most since 2009 in June, while an increase in U.S. economy fueled the case for tapering measures. The Canada's Dollar fell 0.4% to C$1.0523 versus the greenback, adding to signs it has declined 2.4% in August.

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