Unemployment in Japan hit 4.6% in December

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Source: Forexpros
Unemployment in Japan increased more than expected in December, the Statistical Bureau announced. The unemployment rate inched up to 4.6% on a seasonally adjusted basis last month from 4.5% in November. Meanwhile, experts predicted the rate stay unchanged at 4.5% in December.
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Tue, 31 Jan 2012 08:55:43 GMT

Business confidence in Australia hit seven month high in December

Business confidence in Australia jumped to seven month high in December following the central bank's decision cut the interest rates. The business confidence index increased to three in December after hitting two in November, reported the National Australia Bank Ltd. However, the business conditions index remained unchanged at one last month.

Tue, 31 Jan 2012 10:39:26 GMT

Aussie and Kiwi rally on EU summit

New Zealand and Australian Dollars appreciated sharply on Tuesday as European officials signalled they have taken measures to end two-year debt crisis. Both South pacific currencies also were fuelled by positive news about Australian business confidence and an increase in home building approvals in New Zealand. Aussie strengthened 0.3% to $1.0632 and Kiwi climbed 0.5% to $0.8233. Currently AUD/USD is

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