Kiwi rises to 6-year peak

Note: This section contains information in English only.
Source: Reuters
The New Zealand's currency increased on Tuesday trading session rising towards the strongest level in six years after the so-called Kiwi recorded an increase of 3.6% in the first three months of this year as the country's central bank raised interest rates. The New Zealand's Dollar was last seen at 89.90 yen on Japan's sales tax hikes.

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Tue, 01 Apr 2014 13:52:07 GMT

Eurozone's manufacturing PMI rises for 9th consecutive month

Manufacturing sector in the 18-nation bloc increased in March extending its series of gains to nine months, a report released by the Markit Economics showed on Tuesday. According to the report, the Eurozone's manufacturing PMI slipped from February's 53.2 points to a level of 53.0 in March, staying in a positive area above 50.

Tue, 01 Apr 2014 13:30:04 GMT

Yen falls as Japan raises sales tax

The Japanese currency weakened on Tuesday trading session as the country implemented sales tax hikes, while the U.S. currency slipped as the U.S. Federal Reserve claimed that the current monetary policy is in line with the bank's plan. The Yen traded at 103.35 per U.S. Dollar after closing at the weakest level in a three-week period at 103.44.

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