Yen declines to 3-year low as Shirakawa steps down

Source: Bloomberg
Japan's Yen dropped to 94 per U.S. Dollar, the lowest level since May 2010, amid speculation the Japanese government will hurry to appoint a new central bank governor to take further steps to halt deflation. The Yen traded at 94.06 per Dollar, before touching 93.81 at 2:49 p.m. Tokyo time, down 0.2% from yesterday's close. It fell 0.1% to 127.30 yen per Euro, after declining to 127.71, the lowest since April 2010.
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Wed, 06 Feb 2013 07:04:03 GMT

Won declines as Yen's weakening alleviates concerns of S. Korea's intervention

South Korea's Won declined to the lowest level in 3 months as the Yen's weakening to a 3-year low alleviated concerns Korea's government will intervene to support exporters. The Won fell 0.2% to 1,089.25 per U.S. Dollar at 11:01 a.m. in Seoul. The currency traded at 1,098.25 on February 1, the lowest level since October. One-month implied volatility fell 23

Wed, 06 Feb 2013 10:28:52 GMT

Euro Gains versus Yen on Services PMI

The Euro strengthened against the Yen to the strongest level since April 2010 on a purchasing manager's index signaled services output in the Euro-zone shrank less than forecast, increasing demand for the shared currency. The Euro appreciated 1.4% to 126.56 Yen after reaching 126.97 Yen on February 1, the highest in more than 2.5 years. The Euro advanced 0.2%

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