Japanese Yen weakens against most-traded peers

Source: Bloomberg
© Scanpix/Reuters
The Japanese currency fell at least 0.5% against all of its 16 major counterparts as shares all over the world advanced. The Japanese Yen slid 0.7% to 94.93 per Dollar as of 9:26 a.m. in London, after a 3.3% advance previous week, while the Eurozone's currency gained 0.8% to 126.65 Yen, following a 2.6% retreat past week.
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Mon, 17 Jun 2013 11:36:14 GMT

Won rebounds from weakest level in two months amid North Korea stabilizing talk

The South Korean Won rebounded from the weakest level in two months as the government announced it has market stabilization programme ready to protect from external shocks. The South Korean currency declined 0.3% to 1,126.25 versus the U.S. Dollar. The Won weakened as investors sold Korean stocks today and on the previous week.

Mon, 17 Jun 2013 11:14:11 GMT

German shares rise ahead of Fed meeting

German shares rose for a second day in a row ahead of the two-day Fed meeting on Tuesday. The DAX Index gained 1.3% to 8,230.76 as of 10:11 a.m. Frankfurt time; however, the gauge fell 1.5% past week on worries that the Fed may wind down the monetary stimulus, while the HDAX Index climbed 1.2% on Monday.

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