Yen strengthens against its major counterparts

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters

The Japanese Yen appreciated against most of its 16 major peers ahead of German report which is likely to show sharp drop in business confidence for fifth month in a row indicating Japanese Yen as safe haven. On Thursday morning trade Japanese currency increased 0.3% against US dollar reaching ВҐ77.09. In yesterday's New York trade the Yen strengthened against the Euro from ВҐ103.15 to ВҐ103.05.

Back to articles

Actual Topics

Thu, 24 Nov 2011 09:13:03 GMT

Gold futures decline in Asian trading

Gold futures for December delivery decreased by 0.4% to $1,695.90 an ounce on the New York Mercantile Exchange. The yellow metal's appeal as safer investment option has declined showing quite strong positive correlation with stocks and other commodities. Investors risk-aversion increased pushing the demand down after failed German auction impacting both US stock and gold market.

Thu, 24 Nov 2011 09:08:15 GMT

Decline in China's PMI may have overstated manufacturing slowdown

The decline in China's PMI might have overstated the real manufacturing slowdown in the country even taking into account weaker domestic demand since September, said Credit Suisse analysts. Special government-sponsored PMI that more evaluates situation in large-state companies is likely to indicate less drastic fall than reported on Wednesday, added Dong Tao, Credit Suisse analyst.

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.