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Monday, 11 November 2013
Asian shares mixed, Nikkei up on further yen weakness, Australia down
A weaker yen lifted Japanese stocks Tuesday, while a drop in in business confidence led Australia's benchmark lower and the Hang Seng ended the morning session down ahead of details from the end of a key meeting on social and economic policies by Chinese leaders.
The Nikkei...
Forex - GBP/USD remains moderately lower in subdued trade
The pound remained moderately lower against the U.S. dollar in subdued trade on Monday, as investors remained cautious amid mounting expectations for the Federal Reserve to soon begin tapering its stimulus program.
GBP/USD hit 1.5966 during U.S. morning trade, the...
U.S. stocks open lower as Fed taper talk weighs; Dow Jones down 0.10%
U.S. stocks opened lower on Monday, weighed by growing speculation the Federal Reserve will begin scaling back its bond purchase program before the year end.
During early U.S. trade, the Dow Jones Industrial Average slipped 0.10%, the S&P 500 index edged down 0.07%,...
Forex - USD/CAD steady near two-month highs
The U.S. dollar was steady close to two-month highs against the Canadian dollar on Monday after upbeat U.S. data last week indicated that the U.S. economic recovery is deepening.
During early U.S. trade USD/CAD edged up 0.06% to 1.0483 from Friday’s close of 1.0476,...
Gold falls to 3-week low as Fed taper concerns weigh
Gold futures fell to a three-week low on Monday, as renewed uncertainty over when the Federal Reserve will scale back its stimulus measures weighed on sentiment.
On the Comex division of the New York Mercantile Exchange, gold futures for December delivery traded at USD1,283.20...
Dollar moves higher vs. yen in quiet trade
The dollar moved higher against the yen in quiet trading on Monday, as recent indications that the U.S. economy is improving dampened safe haven demand for the yen.
The dollar pushed higher the yen, with USD/JPY rising 0.17% to 99.24, re-approaching Thursday’s seven...
Forex - Pound slips lower vs. dollar in thin trade
The pound slipped lower against the dollar in thin trade on Monday, with public holidays in the U.S. and France keeping trading volumes low.
GBP/USD was down 0.30% to 1.5965 from Friday’s close of 1.6017 during European afternoon trade.
Cable was likely to find support...
Forex - Euro moves higher as dollar takes a breather
The euro moved higher against the dollar on Monday as the dollar took a breather in the wake of a broad based rally late last week on the back of stronger-than-expected U.S. jobs data for October.
EUR/USD was up 0.23% to 1.3392 from Friday’s close of 1.3364 during European...
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