Yen appreciates as economy minister comments on domestic currency

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Source: Bloomberg
The Yen advanced by 0.6% to 88.99 per Dollar and increased by 0.8% to 118.83 per Euro by midday in Tokyo trading session on Tuesday. The Japanese currency appreciated versus all its 16 major counterparts, as economy minister of Japan sparked speculation, that the central bank of Japan will not implement additional measures to weaken its domestic currency. Akira Amari said, that the extremely weak currency has very negative effects on individual residents.
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Tue, 15 Jan 2013 07:13:03 GMT

Australian Dollar depreciates ahead of the employment data

The Australian Dollar, also known as the Aussie, lost 0.1% to $1.0553 in the second part of Sydney trading session on Tuesday. The Aussie slipped against the majority of its 16 peers ahead a report, which will indicate changes in unemployment sector. According to analysts, that Australia's jobless rate will increase to 5.4% from 5.2% in November, and this level

Mon, 14 Jan 2013 16:32:37 GMT

German stocks pair gains as U.S. to continue monetary easing to boost its economy

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