Yen weakens on positive data from U.S.

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Source: Bloomberg
© Scanpix/Reuters
The Japanese Yen weakened versus the major peers amid signs that the U.S. economy is gaining momentum curtailed demand for haven assets. The Yen lost 0.1% to 78.40 per U.S. Dollar from 78.34 yesterday, when the Yen fell 0.2%. Japan's currency declined 0.1% to 101.37 per Euro, after falling 0.6% to 101.27.   
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Fri, 12 Oct 2012 08:42:24 GMT

Aussie strengthens as commodity prices increase

The Australian Dollar strengthened, trading 0.1% from one-week high as commodity price gains increased demand for the nation's currency. The Aussie Dollar gained 0.2% to $1.0283 from $ 1.0264 yesterday, when the currency touched $1.0294, the highest level since October 2. It rose 0.4% to 80.69 Yen. The New Zealand Dollar added 0.3% to 82 U.S. cents and it bought

Thu, 11 Oct 2012 17:44:08 GMT

Oil futures advanced on Thursday

On Thursday, October 11, oil futures edged higher despite the fact the U.S. Energy Information Administration reported oil supplies rose more than expected in the week ended October 5. Crude for November delivery soared 1.1% to $92.43 per barrel. At the same time, crude stockpiles rose by 1.7 million barrels, above analyst's expectations of a 0.78 million barrel increase.

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