Pound stays flat versus Dollar and Euro

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Source: Bloomberg
The British Starling fluctuated on Wednesday trading session as traded flat against the U.S. Dollar and the shared currency after a private report revealed that house prices in the United Kingdom rose for the thirteen successive month in January. The Pound was last seen at $1.6588 by 7:31 a.m. in London following a drop to $1.6579 yesterday, while it traded at 82.40 pence a Euro.

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Wed, 29 Jan 2014 11:35:06 GMT

Yen and Franc fall versus most-traded peers

The Japanese Yen and Swiss Franc fell on Wednesday dropping against the majority of its most-traded peers after the Turkish central bank decided to notably hike its interest rates on a midnight policy meeting in order to stop sell-off of lira currency. The Yen lost 0.3% to 103.26 a U.S. Dollar as of 8:36 a.m. in London, while the Franc

Wed, 29 Jan 2014 11:13:05 GMT

European stocks rise on Turkey rate rise

European shares increased on Wednesday rising for the second straight session after the Turkish national bank hiked its interest rates notably in order to stop a sell-off of the country's currency. The benchmark index Stoxx Europe 600 jumped 0.8% to 326.79 as of 8:09 a.m. London time and it has dropped 4.2% from January 22 through January 27.

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