Euro hits 11-year low against Japanese Yen before Merkel-Sarkozy meeting

Note: This section contains information in English only.
Source: Bloomberg
© Dukascopy Bank

17-nation currency reached 11-year record low against Japanese domestic currency and traded 0.3% from the lowest reading in 16 months before French and German leader meeting today in Berlin. Officials are planning to come up with a rulebook promoting fiscal discipline. Euro lost 0.2% reaching ¥97.74 and dropped 0.1% against US Dollar to $1.2704. EUR/USD currently is trading at $1.2717 while EUR/JPY is trading at $97.81.

Back to articles

Actual Topics

Mon, 09 Jan 2012 14:59:59 GMT

Merkel and Sarkozy meet today to rescue Euro

German Chancellor Merkel and French President Sarkozy meet today in Berlin to create a dominant plan for saving the Euro in upcoming three months. Both officials prepare to stretch out a rulebook determining the fiscal discipline discussed during summit on December 9. Rulebook is supposed to provide guidelines for fiscal regulations across the Euro Zone. 

Mon, 09 Jan 2012 15:51:12 GMT

Australian retail sales steady in December

Australian retail sales stayed at the same level in December, according to official data. The country's retail sales for the month showed 0% seasonally adjusted increase from November while November's retail sales saw 0.2% monthly growth, according to Australian Bureau of Statistics. Analysts had expected the indicator to rise by 0.4% in December.

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.