Australian unemployment reaches highest level in 12 years

Note: This section contains information in English only.
Source: Bloomberg
Australia's jobless numbers were larger than the US for the first time since 2007 sending the Aussie into a steep fall. The unemployment data came out at 6.4% rising from 6% as this high of a number was not even seen in the financial crisis, when the boom in Australia's mining helped keep it lower. Furthermore, the AUD/USD dropped from 93.43 to 92.87 after the rate was released.
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Thu, 07 Aug 2014 07:47:12 GMT

Yen climbs most in four months amid Ukraine concerns

The Yen grew the most in the last four months following the outburst in the relations between Russia and the Western nations over Ukraine, which stifled the attractiveness of riskier assets. The Yen jumped 0.5% to 102.10 per Dollar after appreciating as much as 0.8%, the highest level since April 8th. The Yen also gained 0.4% to 136.64 per Euro. 

Thu, 07 Aug 2014 08:46:13 GMT

Cable falls on weak U.K. manufacturing data

The Sterling depreciated versus the Greenback on Wednesday, following the issue of the U.K. manufacturing and industrial output reports that forced the investors to rethink their assessments as to when the BoE is going to tighten policy. GBP/USD dropped 0.23% and was trading down at 1.6848. The manufacturing output in the U.K. rose by only 0.3% in June, below projected 0.6%. 

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