Yen hold firm on Friday as Euro weakens on debt crisis concerns

Source: Reuters
The Japanese currency was flat on Friday after the new Bank of Japan's governor was coy about calling an emergency meeting before April's policy review and as concerns about Europe's debt crisis occurred after Cyprus did not agree with the Eurozone's bailout plan. Yen was little changed at 95.03 per U.S. Dollar and it went down from 124.38 to 122.54 per Euro.

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Fri, 22 Mar 2013 11:21:10 GMT

U.S. shares head for a second weekly decline in 2013

U.S. equities dropped on Thursday, with the S&P 500 falling down from trading close to its record high the day before on rising concerns about the European debt crisis. The uncertainty about Cyprus financial plan offset positive economic data on the world's largest economy, as the ECB said it might cut Cyrpus' banks off emergency funds. The S&P 500 Index

Fri, 22 Mar 2013 11:54:06 GMT

Treasuries rise amid Cyprus turmoil on Friday

U.S. Treasuries were little changed on Friday heading to a second weekly gain amid boosted demand for U.S. government bonds as a confidence of investor was hurt after Troika's demand for unprecedented levy on Cypriot bank account holders. The U.S. 10-year yields were little changed at 1.9% early on Friday London session following a nine-basis-points drop this week.

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