Yen falls versus U.S. Dollar after rallying yesterday

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Source: Reuters
The Japanese Yen weakened on Tuesday falling against the U.S. Dollar after it recorded a rally on Monday as Wall Street shares dropped on weak U.S. jobs data suggesting that the Federal Reserve may cut its scale-back plan. The Yen shed as much as 0.5% to 103.48 per U.S. Dollar following an increase to a level of 102.85 seen on Monday.

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Tue, 14 Jan 2014 08:22:01 GMT

German wholesale inflation falls in December

Inflation in the Europe's largest economy measured as wholesale price index declined in December falling for the 5th successive month, a report published by the statistical office Destatis showed on Tuesday. According to the report, the country's wholesale prices slipped 1.8% year-on-year in December, while in November it slid 2.2%.

Tue, 14 Jan 2014 08:33:09 GMT

U.S. stocks fall on speculation Fed may reduce tapering

U.S. stocks closed lower on Monday trading session as companies from SodaStream to Express Inc reported their weak quarterly results and on speculation that the U.S. Federal Reserve may reduce tapering as the economy losing its momentum. The Dow Jones industrial average slipped 1.09% to 16,257.94, the S&P 500 Index fell 1.26% to 1,819.2 and the Nasdaq Composite Index tumbled

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