Yen rises as BOJ delays asset purchases

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Source: Bloomberg
The Japanese Yen advanced from near 2 ½ year-low as the Bank of Japan announced it will do asset purchases from 2014. The Yen strengthened 0.4% to 89.23 per U.S. Dollar following a 0.6% decline earlier. It traded at 90.25 yesterday, the weakest level since June 23, 2010. Japan's currency gained 0.2% to 119.08 per Euro.
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Tue, 22 Jan 2013 08:26:05 GMT

South Pacific currencies rise on BOJ's decision

The South Pacific currencies advanced versus the U.S. Dollar as the Bank of Japan declared it would introduce further monetary stimulus, boosting optimism for global growth. The Australian Dollar gained 0.2% to $1.0538 and traded at 94.14 yen from 94.23 yesterday. The New Zealand Dollar rose 0.5% to 84 U.S. cents and was at 75.03 yen from 74.91 a day

Mon, 21 Jan 2013 16:38:04 GMT

German stocks higher on the Eurogroup meeting

German equities climbed as Eurozone finance ministers meet today to discuss policies on resolving the debt crisis. The DAX index advanced 06% to 7,746.18 by 16:04 GMT. All groups in the index surged with the consumer services shares posting biggest gains. Deutsche Lufthansa rallied 3.5% after Credit Suisse Group AG increased the company's price target. The latter increase supported the

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