Yen at 6-month low against greenback after Iran deal

Source: Bloomberg
Japanese currency slipped 0.6% to 101.89 Yen per Dollar at 6:48 a.m. in London after reaching 101.92, the six month low, after world powers agreed with Iran on limiting an extensive nuclear programme in exchange for eliminating some sanctions on gold, oil, auto parts and precious metals, thus weakening demand for the Yen as safe haven currency. Meanwhile, the Yen declined 0.5% to 137.90 per Euro, after touching 137.98, the weakest since October 2009.
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Mon, 25 Nov 2013 09:12:07 GMT

Demand for Gold weakened amid Iran agreement

Spot gold slid 0.5% to $1,237.45 an ounce, trading at $1,243.36 as of 9:19 a.m. in Singapore, after it touched $1,236.88 last Wednesday, the four-month low, as Iran damped its nuclear program in middle-eastern region in return for easing sanctions on goods such as precious metals and oil, following the Sundays agreement with Security Councils and Germany. Bullion for February

Mon, 25 Nov 2013 08:39:04 GMT

Iran curbs nuclear activity in return for sanctions easing

Security Council along with Germany reached a six-month deal with Iran late on Sunday to narrow its nuclear activity in the middle-eastern states, which actually means the nuclear weapons creation, in return for sanctions removal on commodities such as precious metals and oil. Meantime the agreement allows Iran to sell its petrochemical goods on global markets and gives access to

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