U.S. Dollar drops against Yen on Fed

Source: Reuters
The U.S. currency weakened on Thursday following an increase against the Japanese currency after the Federal Reserve unveiled its decision to trim its monthly bond-purchases by $10 billion as the economy slightly improved in recent months. The so-called Greenback advanced to the five0year peak at 104.37 yen after dropping to 103.96 yen.

Back to articles

Actual Topics

Thu, 19 Dec 2013 12:28:04 GMT

U.S. shares surge as Fed slightly scales back

Wall Street shares rallied on Wednesday with the benchmark indexes Dow Jones and S&P 500 closing at historic records after the U.S. Federal Reserve announced that it trims its monetary easing by $10 billion a month. The Dow Jones industrial average surged 1.84% to 16,167.97, the Standard & Poor's 500 Index rose 1.66% to 1,810.65 and the Nasdaq Composite Index

Thu, 19 Dec 2013 12:01:05 GMT

Asia's stocks rise as Fed scales back

Asian and Australian stocks increased on Thursday after the U.S. Federal Reserve representatives decided to start scaling back its monetary easing policy, however, the Fed keeps the interest rates at record lows for longer than expected. The MSCI broadest Asia-Pacific index outside Japan advanced 0.2%, while Shanghai gauge dropped 0.6%.

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.