Dollar rises versus Yen as investors expect less easing in U.S.

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Source: Bloomberg
The U.S. currency advanced on Tuesday rising to the highest level in six months against its Japanese counterpart as traders weighed a batch of the U.S. favourable economic data suggesting the Federal Reserve may ease its monetary easing. The Greenback strengthened 0.2% to 103.12 Yen as of 8:18 a.m. in London and it traded at $1.3554 per Euro.

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Tue, 03 Dec 2013 11:53:02 GMT

Japan's overall wages increase first time in four months in October

Overall wages in the Asia's second-largest economy advanced in October recording their first increase since July, a preliminary report revealed by the Ministry of Health, Labor and Welfare showed on Tuesday. According to the report, Japan's total cash earnings rose 0.1% on an annual basis in October after falling 0.2% in the prior month.

Tue, 03 Dec 2013 11:31:04 GMT

Nikkei 225 reaches 6-year high on lower Yen

Japanese shares advanced on Tuesday with the local benchmark index Nikkei 225 jumping to the strongest level in nearly six years as the country's currency slipped to a six-month low against the U.S. Dollar after a report showed an improvement in the U.S. manufacturing sector. The Nikkei 225 Stock Average gained 0.6% to 15,749.66, the most since December 12, 2007.

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