Japanese currency gains most in three years

Note: This section contains information in English only.
Source: Bloomberg
The Japanese Yen gained the most in three years as country's Finance Minister Taro Aso stated that there would not be an intervention. The Japan's currency appreciated 1.4% to 95.65 per Dollar at 1:20 p.m. Tokyo time and it is headed for a 5.1% jump weekly, the currency advanced 2.2% on Thursday. The Yen rose 1.1% to 127.02 per Euro, erasing yesterday's 0.2% losses.
Back to articles

Actual Topics

Fri, 07 Jun 2013 08:03:11 GMT

Japanese shares ease before U.S. jobs data

The U.S. Dollar dropped 0.5% against the Yen to 96.44 from 97.52 earlier today and Japanese stocks sank before today's non-farm employment change and unemployment rate data releases in the U.S, which might shed light on the future of Fed's monetary easing. Nikkei 225 index shrank 1.9%, while Topix fell 2.4%. Economists expect the U.S. unemployment to stay at 7.5%

Thu, 06 Jun 2013 14:05:12 GMT

U.S. inflation expectations fall

Inflation expectations in the U.S., calculated as the difference between 10-year Treasuries and similar-maturity Inflation Protected Securities, fell to 10-month low as the spread narrowed to 2.14% today, before tomorrow's wage gains data. The current real yield on 10-year government bonds is 0.98%, while it is expected that yield will rise 40 basis point by the end of the year.

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.