Kiwi falls on profit taking after reaching 2 ½ year high

Source: Reuters
The New Zealand's currency notably declined on Thursday trading session following a week of gains and as it traded close to the highest level in two-and-a-half year as, the drop was caused by profit taking on Wednesday. The so-called Kiwi slipped from $0.8702 recorded on Wednesday session to $0.8543 today as the Reserve Bank of New Zealand is forecast to maintain the current monetary policy.

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Thu, 03 Apr 2014 08:57:09 GMT

Asian shares climb as risk appetite improves

The majority of Asian stocks increased on Thursday session with the gauge measuring performance of the equities traded near the highest level in almost a month as risk appetite of investors boosted after U.S. data showed an improvement in local economy. The MSCI Asia-Pacific index outside Japan rose 0.1% and the Nikkei 225 benchmark index jumped 1.2%.

Thu, 03 Apr 2014 08:35:11 GMT

Yen trades near low versus U.S. Dollar and Euro

The Japanese currency held steady on Thursday trading session, however it was traded near its lowest level in four weeks against the Euro and it reached a fresh 10-week low versus the U.S. Dollar before today's policy meeting of the ECB. The Yen fell 0.1% to 103.97 per U.S. Dollar after it slipped to 104.07, the least in ten weeks,

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