Euro trades around two-week record low against Yen

Note: This section contains information in English only.
Source: Bloomberg
© Dukascopy Bank
The 17-nation currency traded close to  two-week record low versus Japanese Yen ahead of Spanish debt auction due this week as investors remain worried about uncertainty in Europe. Shared currency traded at JPY 105.78 in Asian trade. Currently EUR/JPY is trading at 105.63
Back to articles

Actual Topics

Tue, 01 May 2012 06:24:45 GMT

China manufacturing activity expanded in April

Chinese manufacturing activity expanded in April for the fifth consecutive month, reducing pressure on officials to boost monetary accommodation. China's PMI climbed from 53.1 in March to 53.3 in April, official data showed on Tuesday. Economists questioned by Bloomberg predicted the index to reach 53.6. HSCB Holdings preliminary index, released last week, showed production activity may have declined for a sixth straight month.

Tue, 01 May 2012 06:02:47 GMT

RBA unexpectedly lowers interest rate

Reserve Bank of Australia (RBA) unexpectedly decreased its key interest rate by 0.5 percentage points, citing slower inflation in 13 years as a main driver of the decision. Australian benchmark rate was cut from 4.25% to 3.75%. The domestic currency weakened and 10-year borrowing costs dropped on the announcement. 

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request)
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.