Yen rises ahead of G20 meeting and amid BOJ speculation

Note: This section contains information in English only.
Source: Bloomberg
The Japanese Yen strengthened before the G20 meeting and amid speculation who will be chosen as the BOJ Governor, with Toshiro Muto being the leading candidate. The Yen climbed as much as 0.6% to 92.31 per U.S Dollar at 1:40 p.m. Tokyo time after rising 0.6% a day earlier. The currency climbed 0.7% to 123.30 against the Euro. 
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Fri, 15 Feb 2013 09:09:05 GMT

Won remain stronger among Asian currencies as Yen rises ahead of G20 meeting

The South Korean Won remained stronger this week among Asian currencies on speculation the region's leaders will opt out reining in foreign exchange rates as Japan's Yen rose ahead of G20 meeting. The Won gained as much as 1.7% this week to 1,077.80 per greenback, while Philippine's Peso and Malaysia's Ringgit climbed 0.2% and 0.1% respectively.

Thu, 14 Feb 2013 15:48:04 GMT

How US fared on unemployment benefit claims

The amount of Americans looking for unemployment benefits dropped sharply last week, which indicated that hiring might improve faster than expected. Weekly unemployment aid applications plunged by 27,000 to seasonally adjusted 341,000, showing steady level of job growth.The applications figures "continue to show no sign of new weakening--if anything, the opposite," said Jim O'Sullivan, an economist at High Frequency Economics.

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