Japan nuclear tragedy reaches highest level.

Tuesday, 12 April 2011 10:24

Japan's nuclear disaster is looking in the level of danger close to the disaster in Chernobyl some 25 years ago, one of the world's worse nuclear disasters.  Danger has sparked to level 7, meaning that it's hazzardous to the enviroment and health.  Since Tokyo afternoon yesterday, 11/04, Japan has been struck by several earthquakes yet again.

The Japanese currency gained 1% against the US Dollar as the Dollar fell to a low of 83.45 JPY, currently at 84.10.  EUR/JPY fell to 120.20, also about 1%, against yen, currently trading at 121.15

Further news notes that Germany's CPI data for March stay unchanged as expected at 2.1%.