Euro goes up amid BoJ stimulus and US budget talks

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Source: Reuters
The 17-bloc nation's currency gained against the U.S. Dollar and Japan's Yen together with modest advance of European shares as the Bank of Japan is expected to boost the economy using unlimited monetary stimulus and as fiscal cliff talks are closer to reaching a deal. London's FTSE, Frankfurt's DAX and France's CAC indexes rose in a range of 0.2% to 0.3%, while the Euro advanced to $1.3256 and it reached 111.73 yen.
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Wed, 19 Dec 2012 10:05:13 GMT

Japan's exports slow down in November

Asia's second largest economy recorded a 953.4 billion yen merchandise trade deficit in November, when it declined by 37.9% from a year ago amid weaker exports to China, the Ministry of Finance reported on Wednesday. Year-on-year, Japan's exports decreased 4.1% to 4.983 trillion Yen beating a forecast of 5.5% contraction following a previous month's 6.5% shortfall.

Wed, 19 Dec 2012 11:22:12 GMT

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