Yen declines on China's manufacturing, N. Korea's test of nuclear weapons

Source: Bloomberg
Japan's currency fell as improving manufacturing in China curbed demand for safety of the Yen, along with North Korea's test of nuclear weapons that damped investors' interest in region's assets. The Yen weakened 0.8% to 89.33 per U.S. Dollar after strengthening 1.7% during the previous 3 days. Japan's currency touched 90.25 on January 21, the lowest level since June 2010.
Back to articles

Actual Topics

Thu, 24 Jan 2013 08:49:05 GMT

Palladium edges lower as IMF cuts growth forecast

Precious metals except for silver slid on Wednesday as stronger US Dollar after the Bank of Canada left its interest rates unchanged put heavy pressure on the commodity complex. The demand for greenback was further boosted after the IMF cut its growth forecasts. The IMF now expects the Eurozone's economy to contract 0.1% this year versus October's estimate of a

Wed, 23 Jan 2013 16:37:06 GMT

German shares flat on Wednesday

German shares stayed little unchanged prior to the U.S. House of Representatives vote to stem the nation's borrowing limit. By suspending the decision on the debt-limit, Republicans aim at meeting other deadlines to seek deeper spending cuts. The DAX index advanced 0.13% to 7,706.46, after earlier advancing as much as 0.4%. Five out of nine groups in the gauge

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.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
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.