Yen rises versus U.S. Dollar on weaker China's PMI

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Source: Reuters
The Japanese Yen increased on Monday trading session rising against the U.S. Dollar after a government report showed on that manufacturing sector in the world's second largest economy dropped for the 4th successive month. The Japanese Yen was traded 0.2% higher at 101.98 per U.S. Dollar following a gain to 101.86, the most since April 17.

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Mon, 05 May 2014 14:20:04 GMT

Euro trades unchanged before ECB policy meeting

The European currency held steady on Monday trading session staying above its recent intraday low recorded on Friday amid speculation that the European Central Bank may maintain its benchmark interest rates unchanged on the policy meeting this week as the inflation advanced last month. The Euro was last seen at $1.3873 following a fall to $1.3812 seen on Friday session.

Mon, 05 May 2014 13:58:02 GMT

Eurozone's government bonds trade mostly lower today

Government bonds across the Eurozone dropped on Monday as the easing geopolitical tension in Ukraine pushed demand for safe-haven assets higher after a report showed a slow-down in China's factory sector last month. German benchmark 10-year yields slipped to 1.45%, while the Portugal's 10-year notes fell to 3.62%, the least since 2006.

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