Euro climbs against Yen on merged rescue fund

Source: Bloomberg
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17-nation currency advanced versus Japanese Yen on speculations Europe may combine two bailout funds to terminate debt crisis. Euro added 0.3% versus Yen to JPY 109.60 and traded at USD 1.3255 on Friday. Currently EUR/JPY is trading at JPY 109.48 and EUR/USD is trading at 1.3259.
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Mon, 26 Mar 2012 08:27:42 GMT

Gold futures rose amid depreciating US Dollar

Gold prices moved higher during Asian session on Monday, being supported by the broadly softer US Dollar after disappointing US housing data. COMEX gold June contract traded at 1,670.05 US Dollars per troy ounce on the New York Mercantile Exchange, gaining 0.72%. Meanwhile, COMEX silver for delivery in May traded at 32.375 US Dollars per troy ounce, plunging by 0.70%.

Mon, 26 Mar 2012 08:55:13 GMT

Loonie drops for a third week

Canadian Dollar weakened for a third consecutive week as the advance in higher yielding assets slowed, boosting demand for Swiss franc, Yen and US Dollar. Loonie fell 0.6% on weekly basis against its US peer reaching CAD 0.9978. Currently USD/CAD is trading at CAD 0.9978. 

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