Yen drops as BoJ extends its lending program

Source: Reuters
The Japanese currency declined on Tuesday session falling towards the lowest level in almost three weeks versus the U.S. Dollar and the 18-nation bloc currency after the Bank of Japan maintain the current level of monetary easing and extended its lending program supporting the economy. The Yen slipped to 102.55 per U.S. Dollar and was last seen at 140.64 a Euro.

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Tue, 18 Feb 2014 11:21:50 GMT

Aussie falls as China signals tight liquidity policy

The Australian currency weakened on Tuesday trading session falling from the highest level in four weeks against its U.S. counterpart after the People's Bank of China signaled it may apply tighten monetary policy in order to control the economic slowdown of local economy. The so-called Aussie fell to $0.9030, down from one month high at $0.9079.

Tue, 18 Feb 2014 11:21:19 GMT

World equities increase as BoJ pump local economy

Global shares increased on Tuesday trading session mainly due to a notable advance by Japanese equities after the country's national bank added more stimulus in order to support the local economy weakening the Yen. The MSCI World Equity Index gained 0.2% and was last traded 0.4% of its highest level this year.

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