Aussie rises as companies revise up their spending plans

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Source: Reuters
The Australian Dollar advanced on Friday trading session rising by the most among all major traded currencies after a report showed that industrial production in Japan fell and as the country's companies revised their spending plans. The so-called Aussie advanced as much as 1.0% to the highest level in one-and-a-half-week high at $0.9326.

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Fri, 30 May 2014 09:01:04 GMT

Asian equities rise lifted by Wall Street records

The majority of Asian shares increased in Friday after benchmark stock indexes traded in Wall Street reached new record highs yesterday despite the fact that the U.S. posted its first GDP contraction in a three-year period. The MSCI Asia-Pacific gauge outside Japan rose as much as 0.1%, while the Japan's Nikkei 225 index fell 0.2%.

Fri, 30 May 2014 08:39:04 GMT

Yen falls on economic data on Friday

The Japanese currency dipped on Friday trading session following a notable rally of the Yen after a government data from the country signaled that the Bank of Japan may wait with the stimulus measures longer. The Yen dropped to 138.14 against the Euro after recording a 4-month high, while it slipped to 101.42 versus the U.S. Dollar.

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