Yen advances against the Euro before the ECB meeting

Note: This section contains information in English only.
Source: Bloomberg

The Japanese Yen advanced against most of its 16 major counterparts. The Yen appreciated 0.3% against the Europe's common currency, before the President of European Central Bank, Mario Draghi today speaks ahead the monetary policy meeting. The Yen advanced 0.2% versus the greenback, before the U.S. reports that might show slower pace of economic growth and smaller gains for employment.

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Tue, 05 Nov 2013 11:57:04 GMT

China has to grow 7.2% annually to maintain employment growth

Premier of China Li Keqiang said in conversation with All-China Federation of Trade Unions on October 21, that China's economy has to grow 7.2% a year to create 10 million new working places annually and keep the urban unemployment rate at about 4%. Meanwhile, Chinese service sector activity index advanced to 52.6 compared to 52.4 in September, indicating on

Tue, 05 Nov 2013 11:35:03 GMT

Britain's currency rise versus U.S. Dollar and Euro ahead of U.K. service output data

The Sterling traded at $1.5959 at 7:37 a.m. in London, following a 0.3% increase on Monday, as Markit Economics indicator of U.K. construction industry advanced the most in six years, Markit Economics said. GDP is estimated to grow 1.4% this year and 2% in 2014, according to London-bases Niesr today's data. One Euro buys 84.56 pence.

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