Yen falls to its lowest since June 2009 amid BoJ stimulus

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Source: Bloomberg
The Japanese currency decreased to its lowest in almost four years after the Bank of Japan's new Governor added new stimulus measures in order to end the period of deflation in the country. The Yen tumbled 1% to 98.54 per U.S. Dollar earlier on Monday in London after it reached 98.85 and it declined to 127.87 per euro, the weakest level since January 2010.

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Mon, 08 Apr 2013 11:06:52 GMT

Nikkei heads for its highest close since 2008

Japanese shares surged on Monday, as BOJ launched new stimulus package to boost the economy and end deflation in the country. In addition, BOJ will increase its bond purchasing program to 7.5 trillion yen, up from previously forecast 5.2 trillion yen. The Nikkei 225 Index jumped 2.8% to 13,192.59 points, the highest value since August 2008. 218 out of 225

Mon, 08 Apr 2013 10:33:34 GMT

Pound little changed versus U.S. Dollar and Euro on improved business sentiment

The British currency was little changed versus the U.S. Dollar and the Euro on Monday after a report showed that business sentiment in the U.K. gained from 90.6 to 92.2 in March and as hiring intension improved in the country. The Sterling was traded at $1.5329 earlier on Monday following a rise to $1.5363 on April 5, its highest level since February

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