Japanese Yen depreciates on intervention

Source: Bloomberg
© Dukascopy Bank
Japanese national currency weakened against US Dollar and Euro on government report which showed the country made a massive monetary intervention to push Yen lower in November. Japanese Yen depreciated 0.3% against greenback to JPY 76.74 and lost 0.4% against Euro to JPY 100.90. Currently USD/JPY is trading at JPY 76.73, while EUR/JPY is trading at JPY 100.83.
Back to articles

Actual Topics

Tue, 07 Feb 2012 11:56:40 GMT

Dow Jones Industrial Average index 0.1% down on Monday

Dow Jones Industrial Average Index erased some of last week gains on Monday, as investors turned their attention to developments in Greece. The blue chip index gave up 0.13% or 17.10 points and finished at 12,845.13 with 6 of 9 sectors posting loss. Boeing Co. tumbled 1.2% on reports the company found a technical issue in its 787 Dreamliner. The

Tue, 07 Feb 2012 14:35:31 GMT

India forecasts weakest growth since 2009

The government of India predicted the nation's economy will expand at slowest pace in three years, putting extra pressure on Reserve Bank of India to cut interest rates. Government predicts annual GDP to increase by 6.9% starting from March. India's economy grew 8.4% in period 2010-2011. The growth slowed down after central bank raised benchmark rates starting from 2010 until October 2011. 

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.