Euro appreciates against Yen on expected financial firewall stimulation

Source: Bloomberg
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17-nation currency climbed against Japanese Yen after German Chancellor Merkel said European leaders have considered combining Euro Zone rescue funds in order to back common financial firewall. Euro appreciated versus Japanese currency to JPY 110.15 in Asian trading hours. Currently EUR/JPY is trading at JPY 109.82.
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Mon, 19 Mar 2012 07:24:35 GMT

US industrial production steady in February

The industrial production in the US stayed unchanged in February, reported the Federal Reserve. The industrial production was at the same level as last month compared to a 0.4% expansion in January. Experts predicted the industrial output to advance by 0.4% in February.

Mon, 19 Mar 2012 08:26:20 GMT

Loonie makes the longest weekly gains since 2005

Canadian Dollar prolonged its advance against Japanese Yen for a tenth straight week, creating the longest weekly improvement period in seven years as US stock rally boosted demand for riskier assets. Canada's Dollar appreciated 1.1% versus Yen to JPY 84.13. Loonie slipped 0.1% versus greenback to CAD 0.9917. Currently CAD/JPY is trading at JPY 84.14 and USD/CAD is trading at

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