Yen decreases to the lowest level since 2010 on BoJ speculation

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Source: Bloomberg
The Yen dropped 0.5% to 89.60 per Dollar and lost 0.9% to 120.07 per Euro in the middle of Singapore trading session on Monday. The Japanese currency weakened against the Dollar to the lowest level since June, 2010 and versus the Euro reached the weakest level since May, 2011. Markets trade the Yen negative on speculation, that Abe Schinzo, Japanese Prime Minister, will select a chief of central bank, who will increase the extent of monetary easing programme to boost the economy and currency's decline.
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Mon, 14 Jan 2013 07:09:04 GMT

Australian Dollar depreciates against New Zealand, but both increase versus U.S. Dollar

The Australian Dollar lost 0.3% against the New Zealand Dollar to 1.2564 in the end of Sydney trading session on Monday. The Aussie slipped against the New Zealand counterpart, as the amount of home loans unexpectedly decreased, increasing speculation, that the larger South Pacific country's central bank will reduce borrowing costs further. The Aussie was higher by 0.2 to $1.0560

Fri, 11 Jan 2013 18:26:03 GMT

Nikkei 225

Japanese equities extended their gains for a third consecutive day after the Japanese government announced a stimulus package of 3.8 trillion yen to recover the nation's economy from recession and 3.1 trillion yen ti boost up investment. In addition, exporters advanced on weakening Yen. The Nikkei 225 rose 1.4% to 10,801.57, gaining 1.1% throughout the week. Sharp Corporation rallied the

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