Pound falls versus Euro on rising house prices in U.K.

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Source: Bloomberg
The British Sterling weakened on Friday falling for the second straight week against the shared currency after a government report showed that house prices in the United Kingdom jumped to record highs in November. The Pound swung between gains and losses and traded at 84.18 pence a euro by 9:17 a.m. London time and it has fallen 0.4% this week.

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Fri, 13 Dec 2013 12:40:04 GMT

WTI falls on speculation over stimulus scale back

West Texas Intermediate oil dropped on Friday trading session heading for a weekly fall on speculation that the Federal Reserve may trim its aggressive bond-purchasing program as the economy improves. WTI for delivery in January shed 9 cents to $97.41 a barrel on the NYMEX as of 3:31 p.m. in Singapore after rising 6 cents yesterday to $97.50.

Fri, 13 Dec 2013 12:18:05 GMT

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