Yen weakens to 7-month low versus Euro on BOJ stimulus speculation

Note: This section contains information in English only.
Source: Bloomberg
Japan's Yen weakened to the lowest level in seven months against the Euro as data indicated Japan's consumer prices were unchanged in October, increasing speculation the Bank of Japan will expand stimulus to boost inflation. The Yen fell to 107.30 per Euro, the lowest level since April 27, and was at 107.13 at 2:24 p.m. in Tokyo, 0.5% lower than yesterday's close in New York. 
Back to articles

Actual Topics

Fri, 30 Nov 2012 07:34:22 GMT

Rupee set for first weekly advance since October

India's Rupee was set for the first weekly advance since October as Moody's Investors Service kept a stable outlook on the country's credit rating and Goldman Sachs Group Inc. increased local shares to overweight. The Rupee rose 1.8% this week to 54.5250 per U.S. Dollar, trimming a loss in November to 1.3%. The currency climbed 0.6% today. 

Thu, 29 Nov 2012 17:30:25 GMT

Canadian Dollar Rises on Improving Economy in U.S.

Canadian Dollar reached the highest level since November 7 versus the U.S. Dollar, country's main trade partner, amid concerns that the U.S. will manage to avoid fiscal cliff. Canada's currency traded at 99.26 cents per U.S. Dollar, following gain to 99.06 cents on November 27, a three-week high. Canadian Dollar appreciated 0.8% versus the U.S. counterpart this month and currently buys $1.0075.

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
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.