Yen gains after Asian data boost demand for haven currency

Source: Bloomberg
The Japanese currency appreciated to the highest level in almost four weeks versus the U.S. Dollar on Monday after a data released in Japan, South Korea and China showed results below economic expectation boosting demand for haven assets. The Yen rose 1% to 93.28 yen per U.S. dollar after it reached the most since March 6 at 93.16, it also advanced 0.7% to 119.97 per euro.

Back to articles

Actual Topics

Tue, 02 Apr 2013 05:12:53 GMT

Treasury 10-year yields trade at 4-week low on Monday

U.S. benchmark 10- year treasury yields were traded near its lowest level in four weeks on Monday after a data showed a less-than-expected advance in the U.S. manufacturing output in the last month boosting demand for safer assets. U.S. 10-year yields dropped one basis point to 1.84% earlier on Monday New York session after it reached 1.83%, its weakest since

Tue, 02 Apr 2013 05:12:21 GMT

U.S. shares together with commodities drop on Monday

U.S. shares decreased on Monday with the benchmark Standard and Poor's 500 Index falling from its record high after data showed that American manufacturing output declined in the month of March, at the same time commodities contracted as reports from China and Japan showed unfavourable results. The S&P 500 Index fell 0.5% and the S&P GSCI Index of 24 commodities

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.