Yen drops versus most of its peers amid stimulus measures

Source: Bloomberg
The Japanese currency declined versus majority of its counterparts on Wednesday after investors turned their expectations to further stimulus measures by the Bank of Japan's Governor Haruhiko Kuroda in order to fight low inflation in the country. The Yen depreciated 0.3% to 94.71 per U.S. Dollar earlier on Wednesday London session after it slipped 0.3% yesterday.


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Wed, 27 Mar 2013 11:14:06 GMT

Canadian Dollar rises versus U.S. Dollar for fifth day

The so-called Loonie advanced for the fifth successive day against U.S. Dollar and most of its counterparts after a report showed that oil, the nation's largest export, recorded the highest level in one month increasing the demand for the currency. The Canadian Dollar appreciated 0.5% to C$1.0161 per U.S. Dollar, while one Canadian Dollar was 98.42 U.S. cents.

Thu, 28 Mar 2013 12:24:07 GMT

South Korea's GDP advances 0.3% in Q4

South Korean economic growth accelerated by a seasonally adjusted 0.3% in the last three months of 2012 from the previous quarter compared to an original estimate of a 0.4% increase, according to a report released by the Bank of Korea on Tuesday. The report showed that the nation's GDP grew 1.5% on an annual basis in the Q4, while for

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