Yen falls on speculation over BOJ monetary easing

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Source: Bloomberg
© Scanpix/Reuters
The Japanese Yen lost versus most major counterparts amid speculation the central bank will add monetary easing measures to counter the country's fall into recession. The Yen weakened 0.1% to 82.48 per U.S. Dollar at 2:10 p.m. Tokyo time and fell 0.1% to 106.96 per euro, paring its weekly advance to 0.1%. The final reading of Japan's Q3 GDP is likely to confirm a 0.9% contraction from the Q2. 
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Fri, 07 Dec 2012 08:46:41 GMT

Aussie poised for 5-day gain before China's data

The Australian Dollar was poised for a five-day gain before China's data next week, which might show the country's economy is improving. The Aussie Dollar traded at $1.0480 at 3:42 p.m. Sydney time, following a 0.3% advance to $1.0486 yesterday in New York after touching $1.0516, the highest level since September 21. The kiwi bought 83.19 U.S. cents from 83.27. 

Thu, 06 Dec 2012 17:38:37 GMT

FTSE

European shares gained on rising optimism the U.S. lawmakers will reach consensus on the new budget. However, ECB forecasts for 2013 might be a threat for the stock market, as Draghi said he expects a slowdown in the pace of economic growth in the Eurozone next year. The ECB left the interest rate unchanged a record low level of 0.75%.

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