Yen gains as haven currency before U.S. government shuts down tomorrow

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Source: Bloomberg
© Scanpix/RS
The Japanese Yen increased versus majority of its counterparts on Monday trading session after demand for the Yen as a haven currency was boosted as the U.S. government may partially shut down from tomorrow. The Yen gained 0.4% to 97.88 per U.S. Dollar as of 10:13 a.m. in London after it reached the strongest level since August 29 at 97.53 Yen.

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Mon, 30 Sep 2013 11:40:08 GMT

Pound rises as U.K. economy gains momentum

The British Pound increased for the fourth straight day against the shared currency after a report showed that house prices advanced by the most in a six-year period in September suggesting that the U.K. economy is improving. The Sterling added 0.2% to 83.62 per Euro by 9:33 a.m. in London after it strengthened to 83.40 pence, the highest since January

Mon, 30 Sep 2013 11:18:05 GMT

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