Yen drops third day as Chinese GDP growth beat forecast

Note: This section contains information in English only.
Source: Bloomberg
The Yen fell for a third day against the Dollar due to the significant growth of Chinese economy that exceeded analysts' forecasts. The Yen dropped almost against all 16 of its major peers and weakened 0.7% to 118.37 versus the Dollar at 10:10 a.m. in London. However, the Euro strengthened 0.5% to 137.16 against the Japan's currency.
Back to articles

Actual Topics

Wed, 21 Jan 2015 21:17:05 GMT

Dollar reached 10-year record while kiwi tumbled

The US currency trade-weighted index climbed to its 10-year high due to the Fed's willingness to raise interest rates, while the European and Japanese policy makers are thinking about measures to revive their economies. Meanwhile, the New Zealand Dollar dropped to a 1.5-year low, as the cost of living declined by 0.2%.

Tue, 20 Jan 2015 12:22:06 GMT

IMF cuts global growth outlook by most in 3 years

The International Monetary Fund cut its global economic growth outlook the most in three years, with reduced anticipation almost everywhere, but the US, which expanded the drop in oil prices. The global economy will add only 3.5%, compared with anticipated 3.8% growth in 2015, the IMF reported yesterday. 

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.