German bunds decline first time in four days ahead of ECB rate decision

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Source: Bloomberg
© Scanpix\Reuters
German 10-year government bunds dropped for the first time in four days, and yields increased from the weakest level in about two weeks, ahead of the European Central Bank releases monetary policy decision. German 10-year bond yields gained one basis point to 1.67% and the 1.5% note maturing in May 2023 declined to 98.44.

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Thu, 04 Jul 2013 10:16:06 GMT

Euro falls against the Yen for a secon day

The Euro depreciated against the Yen for a second consecutive day amid speculation that the ECB will announce today its commitment to continuation of accommodating policies. The shared currency dropped 0.3% to 129.53 Yen today, while accumulated loss of the past two days was 0.9%. The experts predict that the ECB will keeps its interest rate unchanged at 0.5%.

Thu, 04 Jul 2013 09:54:07 GMT

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