Australian Dollar struggles to appreciate further on retail sales data

Source: Bloomberg
The Australian Dollar, also called the Aussie, was unchanged at $1.0503 in the end of Sydney trading session on Wednesday. The Aussie halts its gain after a three-day appreciation period, when increased by 0.4%. Today, the Australian Dollar struggles, as the government announced about an unexpected 0.1% retail sales fall. Also, job vacancies dropped by 6.9% in the same month, as other report indicated.
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Wed, 09 Jan 2013 09:26:07 GMT

Yen depreciates on government pressure to expand monetary easing

The Yen dropped by 0.4% to 87.41 per Dollar and fell by 0.4% to 114.28 per Euro at 1.45 p.m. in Tokyo trading session on Wednesday. The Japanese currency weakens against the major counterparts, as market expects to see an expansion of monetary easing, which will decrease a value of the currency. The BOJ holds a next meeting on January

Tue, 08 Jan 2013 18:29:03 GMT

DAX

German shares dropped on falling exports from the largest economy in Europe and declined factory orders. In addition, investors also held back, waiting for the fourth-quarter earnings session in the U.S. The DAX index declined 0.4% to 7,705.14. The index has still advanced 1.2% this year. Telecommunications and health care were the only sectors advancing in the gauge by 0.7%

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