Yen Strengthens as BOJ Holds Inflation Target at One Percent
Thu, 20/12/2012 - 10:28

The Japanese currency climbed against its major peers as Bank of Japan officials refrained from increasing inflation target to 2 percent. The policy makers who were meeting yesterday maintained inflation target of one percent despite the new Prime Minister Shinzo Abe’s calls for the doubling of the target...

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Euro Shoots to &-Month High against the Dollar
Wed, 19/12/2012 - 14:18

The 17-nation currency has advanced against the greenback to a seven-month high as prospects the lawmakers will reach an agreement in the budget issues increased. The lawmakers are trying to avert spending cuts and tax increases that will start in January if the law is not changed....

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Yen Drops to Lowest Level in More Than a Year against the Euro and Dollar
Wed, 19/12/2012 - 09:46

The Japanese currency has fallen to the lowest level since August 2011 against the 17-nation currency as bets the Bank of Japan will make additional stimulus increased prior to the start of a policy meeting today...

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Monti Resignation may Delay Euro Agreement
Tue, 18/12/2012 - 10:30

Mario Monti’s pending resignation risks delaying the efforts of fighting the debt crisis in the region that has lasted for three years. The Italian prime minister who is expected to resign this week after parliament passes the budget...

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Yen Drops as LDP Wins Elections
Mon, 17/12/2012 - 17:43

The Japanese currency fell to its lowest level since April 2011 against the US dollar after Liberal Democratic  Party leader Shinzo Abe got a landslide victory in December 16 election in Japan...

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(19/Dec - 09:46) - Yen Drops to Lowest Level in More Than a Year against the Euro and Dollar
Tradervox.com (Dublin) - The Japanese currency has fallen to the lowest level since August 2011 against the 17-nation currency as bets the Bank of Japan will make additional stimulus increased prior to the start of a policy meeting today. This will be the first BOJ meeting since the election held on December 16. The currency had dropped to its lowest level since April last year against the US Dollar after the data showed that the country’s trade deficit grew in November. The 17-nation currency gained against the greenback for the eighth day, touching a seven-month high as optimism of US lawmakers reaching agreement on the fiscal...
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