Yen experienced weekly loss against most of its peers

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Source: Bloomberg
© Dukascopy Bank
Japanese Yen moved towards a weekly decline versus most of its counterparts as positive economic signals from US and hopes for further monetary stimulus by BoJ lifted demand for riskier securities. Japanese currency traded at JPY 83.58. On weekly basis Yen has dropped 1.3% against greenback. Currently USD/JPY is trading at JPY 83.49.
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Fri, 16 Mar 2012 07:50:19 GMT

Crude oil advances in Asian trade

Crude oil futures posted gains during the Asian session on Friday amid weaker US Dollar. The US Dollar index that measures its performance against set of six main currencies declined by 0.05%. Light, sweet crude oil futures for delivery in April traded at 105.59 US Dollars per barrel on the New York Mercantile Exchange, gaining 0.46%.

Fri, 16 Mar 2012 07:58:16 GMT

Aussie maintains gains while Kiwi climbs

Australian Dollar held gains against greenback and its New Zealand peer advanced on Friday as rally in global equity markets boosted demand for riskier assets. Australian currency traded at USD 1.0528 and New Zealand Dollar gained 0.2% against US Dollar to USD 0.8205. Currently AUD/USD is trading at USD 1.0535 and NZD/USD is trading at USD 0.8207.

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