Yen weakens to 9-month low before elections

Note: This section contains information in English only.
Source: Bloomberg
Japan's currency weakened to the lowest level since March versus the U.S. Dollar on speculation the Liberal Democratic Party will win the elections this weekend and force the BOJ to extend its monetary easing. The Japanese Yen fetched 83.93 per greenback, the weakest since March 21, before declining 0.3% to 83.91 from yesterday. It lost 0.4% to 109.81 per Euro from 109.39. 
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Fri, 14 Dec 2012 07:27:00 GMT

South Pacific currencies strengthen on China manufacturing outlook

The South Pacific currencies strengthened, trimming earlier losses, as a report showed China's manufacturing might rise at a faster pace, increasing trade prospects. The Aussie rose 0.1% to $1.0544 at 4:32 p.m. in Sydney, after earlier falling 0.2%, and added 0.4% to 88.45 yen, after fetching 88.47, the strongest since March. The kiwi gained 0.2% to 81.46 U.S. cents from

Fri, 14 Dec 2012 09:32:00 GMT

U.S. retail sales grew less than forecast in November

Retail sales in the world's largest economy grew below economists' expectations in November as an abrupt decline in gas station spending offset a rise in other sectors, the Commerce Department reported on Thursday. Report showed a modest 0.3% gain in retail sales in November, when the spending made at gas stations dropped 4.0%, overshadowing a striking increase in sales by

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