Sterling advances against greenback

Note: This section contains information in English only.
Source: Bloomberg
The British currency strengthened versus the greenback ahead of nation's central bank latest policy decisions release on Thursday. The Sterling added 0.2% to $1.6036 as of 7:42 p.m. in London after climbing to $1.6260 on October 1, the strongest since January 2. The Pound traded at 85.62 pence per Euro after dropping 1.1% previous week.
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Mon, 07 Oct 2013 10:33:04 GMT

Treasuries gain as Treasury Secretary asks for higher debt ceiling

U.S. Treasuries increased on Monday reducing the last week's drop after Jacob J. Lewis, the Treasury Secretary, said that the U.S. Congress may need to raise the debt ceiling by October 17 or the country risks failing on its payments. The benchmark 10-year government securities declined 3 basis points to 2.62% as of 9:46 a.m. in London.

Mon, 07 Oct 2013 09:24:16 GMT

Japanese Yen gains versus peers

The Japanese Yen advanced versus its most-traded counterparts after U.S. Treasury Secretary Lew extended nation's debt limit, increasing demand for Japanese currency. The Yen appreciated 0.4% to 97.13 per Dollar at 6:44 a.m. London time and rose 0.3% to 131.81 per Euro. Japan's currency usually advances during times of economic problems as it is not reliant on overseas capital.

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