Yen falls to 1-month low on Euro optimism

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Source: Bloomberg
The Japanese Yen fell to a one-month low as Asian stock gained and optimism EU leaders meeting in Brussels will take measures to solve the Eurozone's crisis curtailed demand for haven assets. The Yen fetched 79.22 per U.S. Dollar, the weakest level since September 19, before reaching 79.13 per greenback. Japan's currency traded at 103.62 per Euro, after reaching 103.85 earlier, the weakest level since September 17. 
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Thu, 18 Oct 2012 06:17:26 GMT

Loonie rises on renewed demand for commodity currencies

Canada's currency advanced for the first time in 4 days versus the greenback as risk-on sentiment renewed demand for commodity currencies. The Loonie strengthened 0.9% to 97.80 cents per U.S counterpart, after falling 0.6% yesterday. One Canada's Dollar buys $1.0225. Investor risk appetite renewed as Spain retained its credit rating from Moody's Investors Service. 

Wed, 17 Oct 2012 19:15:23 GMT

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