Greenback falls versus Yen as BOJ remains policy stable

Source: Reuters
The U.S. Dollar traded lower on Tuesday session falling against the Japanese Yen after the Bank of Japan remained its benchmark interest rates unchanged adding no further stimulus into financial system matching economists' expectations. The so-called Greenback fell 0.1% to 102.98 yen after it traded at the highest level in 10 weeks on Friday.

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Tue, 08 Apr 2014 08:36:04 GMT

ECB may implement bond purchases if the inflation remains slow

The European Central Bank is likely to maintain its monetary policy unchanged in the next few weeks, however the bank is planning on adding bond purchases on a large-scale if the inflation in the region slows down further, the bank's officials said on Monday. According to the policymakers, the Eurozone's inflation at a level of 0.5% is in a critical

Tue, 08 Apr 2014 08:14:04 GMT

U.S. shares fall as traders sell internet companies

Wall Street shares closed lower on Monday with the benchmark stock index Standard & Poor's 500 recording the largest three-day fall since February as investors sell-off internet shares with Amazon losing 1.6% and Yahoo! Inc slipping 3.5%. The S&P 500 Index slid 1.08% to 1,845.04, the Dow Jones industrial average tumbled 1.02% and the Nasdaq Composite Index inched 1.16% lower.

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