Sterling pare gains versus greenback after U.K. inflation data

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Source: Bloomberg
The British currency pared its gains versus the greenback after report indicated that U.K. consumer-price inflation slowed surprisingly in November, reaching the lowest level in approximately four years. The Sterling traded at $1.6302 as of 10:54 a.m. in London, after climbing 0.2%, while it dropped less than 0.1% to 84.47 pence per Euro after falling to 84.55 pence on Monday, the lowest level in a month.
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Tue, 17 Dec 2013 14:02:06 GMT

Australian Dollar falls to lowest level in five years

The Australian Dollar declined to the lowest level in five years versus its New Zealand counterpart after central bank's statement that they will maintain to loosen policy further. Australia's currency traded at 89.47 U.S. cents, after falling to 89.10 on December 13, lowest level since August 30. The Aussie depreciated 0.3% to NZ$1.08 at 5:18 p.m. Sydney time, after sliding

Tue, 17 Dec 2013 10:32:04 GMT

U.S. Dollar trades near 5-year high versus Yen before Fed

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