USD appreciates against the Yen on Friday

Source: WBP Online
USD/JPY pair went down after publication of the Philly Fed Manufacturing Index, but became bullish later in the day, as it traded in a 22 pips range during Asian session. First the US Dollar declined from 110.38 to 109.67 against the Yen and afterwards regained its losses and the Greenback traded at 110.40 against the Japanese Yen by 10:30 GMT.
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Fri, 20 May 2016 11:35:08 GMT

Utilities lift European stocks on Friday

Europe's major stocks posted significant gains by 8:00 GMT, helped by steel makers, oil companies and miners. Thus, Germany's DAX 30 Index grew 1.09%, trading at 9,902.18, whereas Britain's FTSE 100 Index jumped 1.51% to 6,145.32 points. Meanwhile, France's CAC 40 Index increased 1.52% to 4,347.77, and the pan-European Euro Stoxx 50 Index rose 1.32% to 2,961.55 points. 

Fri, 20 May 2016 10:19:04 GMT

Italian current account surplus continues with positive trend in March

Figures on the Italian current account showed an expanding surplus on Friday, reaching 2.245 billion Euros in March. The surplus makes  the third largest economy in the Eurozone a lender, while a deficit would initiate a Euro sell-off, putting downward pressure onto the currency. A data release earlier this week showed Italian exports to be 5.365 billion larger than imports,

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