Australian Dollar pares its weekly fall

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Source: Bloomberg
The Australian currency was headed for its biggest one-week decline against the U.S. Dollar in more than one and a half year after the Fed's Bernanke stated that the officials could end the stimulus programme next year. The Aussie advanced 0.3% to 92.24 U.S. cents at 5:31 p.m. Sydney time from Thursday, when it touched 91.97, while the Kiwi appreciated 0.2% to 77.71 U.S. cents after falling 1.8% day earlier.

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Fri, 21 Jun 2013 09:36:59 GMT

U.K. 10-year bond yield jumps to highest level in 15 months amid Fed stimulus tapering

U.K. government gilts declined for the second day, sending 10-year bond yields to a 15-month high, after bets the Federal Reserve will taper asset purchases. The benchmark 10-year bond yield advanced two basis points to 2.31%. The 1.75% gilt maturing in September 2022 declined 0.16 to 95.35. Investors in U.K. bonds have suffered a loss of 2.9% this year.

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