Yen falls against most of its peers as Asian shares drop

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Source: Bloomberg
© Scanpix/RS
Japanese Yen dropped against the majority of its counterparts after rallying to the highest level in an eight-week period against the U.S. Dollar as demand for the currency as haven declined amid a two-day dropped of Asian shares. Yen decreased 0.4% to 97.11 per U.S. Dollar by 7 a.m. London time following an increase to 96.57 recorded earlier, while it fell 0.3% to 131.73 per Euro.

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Tue, 08 Oct 2013 08:26:03 GMT

European stocks fluctuate as U.S. negotiations persist

European shares swung between gains and losses on Tuesday after the benchmark stock index dropped to the weakest level in a month as investors awaited a result from the debt ceiling talks in Washington. The benchmark Stoxx Europe 600 Index slipped 0.2% yesterday hitting the lowest level since September 9, while the Euro Stoxx 50 Index for December settlement fell

Tue, 08 Oct 2013 08:01:04 GMT

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