Dollar reached 10-year record while kiwi tumbled

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Source: Bloomberg
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%.
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Wed, 21 Jan 2015 21:28:04 GMT

Yen climbs since the BoJ is not adding to stimulus

The Yen added versus the Dollar since the Bank of Japan did not enhance the asset-purchasing plan.The Aussie rose and New Zealand's Dollar gained, as Asian shares increased, fueling demand for high-yielding assets. Australia's Dollar rose 0.7% to 82.26 cents, while the kiwi went up by 0.4% to 76.67 cents. At the same time, the Euro appreciated ahead of the

Tue, 20 Jan 2015 12:33:08 GMT

Yen drops third day as Chinese GDP growth beat forecast

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.

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