Yen appreciates as Chinese services growth slows

Note: This section contains information in English only.
Source: Bloomberg
The Japanese Yen gained to the highest level in two weeks versus the greenback on a Chinese services slowdown and a decline in Asian shares. Japan's currency added 0.3% to 104.60 per Dollar as of 7:01 a.m. New York time, after strengthening to 104.08 last week. The Yen rose 0.1% to 142.29 per Euro, while the Euro appreciated 0.1% to $1.3605 after touching $1.3572.
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Mon, 06 Jan 2014 13:41:03 GMT

Australian Dollar gains ahead of trade and retail data

Australian Dollar appreciated versus majority of its most-traded counterparts ahead of nation's trade and retail sales data that are coming out later this week. The Aussie traded 89.46 U.S. cents at 5:03 p.m. Sydney time, after it was at 89.45 on January 3, while it added 0.2% to NZ$1.0838. The Kiwi slid 0.2% to 82.56 U.S. cents and slipped 0.7%

Mon, 06 Jan 2014 11:41:04 GMT

Italy's service industry falls at slower pace in December

Business activity in Italy's private sector declined in December falling for the second successive month, however the rate of drop was lower than in the previous month, the latest report revealed by Markit Economics and ADACI showed on Monday. The Italian service sector purchasing managers' index recorded 47.9 in December after falling to 47.2 in the prior month.

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