Yen appreciates after the BOJ eases monetary policy

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
The Japanese Yen continues to appreciate and have reached 79.28 USD/JPY value, the lowest since October 22, in the end of Asia trading session. The Yen increases against it major peers due to the Bank of Japan expanded its asset-purchasing programme by 11 trillion Yen, what was estimated as a minimum expansion and disappointed investors' expectations. Also, traders purchase the Yen as a safe-haven asset ahead the hurricane Sandy.
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Tue, 30 Oct 2012 10:46:58 GMT

Bank of Japan increased stimulus

On Tuesday, the Bank of Japan increased the size of the asset purchase program by 11 trillion Yen in attempts to boost the economy and weaken the currency. The asset purchase program was increased to the level of 66 trillion. The bank also announced that it will maintain its current interest rates of 0.1%.

Tue, 30 Oct 2012 09:21:00 GMT

Sugar jumped amid deteriorating weather in Brazil

Agricultural commodities were mixed on Monday with softs moving higher and grains retreating. Adverse weather conditions in Brazil and US lifted the commodity group. At the same time, stronger greenback coupled with weak demand for US exports pushed farm commodities lower.Wheat was the worst-performer, falling for the third consecutive session on concerns over demand for US supplies. The USDA reported

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