Shared currency trades near four-month high

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Source: Bloomberg
The Europe's shared currency traded less than 0.1% from almost a four month high on the speculations the ECB may cut the interest rates. The 17-nation currency was at $1.3308 at 1:28 p.m. in Tokyo after reaching $1.3318 on Tuesday, while the Eurozone's currency added 0.3% touching 128.28 Yen, after declining 2.4% day earlier.
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Wed, 12 Jun 2013 07:36:14 GMT

Australian Dollar bounces off from near three-year low

The Aussie stopped a three-day decline and recovered from near a three-year low on sign that it has been oversold. The Australia's currency added 0.2% to 94.50 U.S. cents at 2:33 p.m. Sydney time from Tuesday, when it reached 93.26, near the three-year low, while the New Zealand's currency gained 0.1% to 78.80 U.S cents.

Tue, 11 Jun 2013 11:55:59 GMT

U.K. industrial production rose amid mining in April: economy

U.K. industrial output advanced more-than-expected in April amid rallied output at oil and water businesses. Manufacturing declined following a rise in February and March. Production at factories, utilities and mines climbed 0.1% from March. The U.K. economy is expected to grow and recover and the industrial output report signals the sector will show improvement signs in the second quarter.

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