Euro falls to 10-year record low against Yen
Monday, 26 September 2011 10:48
The 17 nation European currency fell sharply; threatening an 8 month low mark on the currency. The Eurozone debt sentiments are weakening the euro, as concerns are appealed about the Greek debt default.
Read MoreBoJ Call Rate voted to remain the same at <0.10%
Friday, 20 May 2011 10:00
A couple of hours ago, the Bank of Japan executed its monetary policy statement voting that BoJ interest rates will remain at the same position as expected at 0 to 0.1%. Japan has been going through tough times ever since the big nuclear and tsunami disaster, one of the worst in the history; this happening weakened Japan’s economy. Housing market has gone down, export and import facilities have weakened drastically and the currency was seen struggling against its major rivals constantly while the tragedy occured.
Read MoreJapanese currency falls, while Euro appreciates
Wednesday, 6 April 2011 12:16
After the earthquake, tsunami and G7 meeting on the ‘Yen problem’ about a month ago the Japanese currency is continueously declining heavily hitting lows against all major currencies. JPY hit an 11-month low against EUR trading at 121.91 EUR/JPY, and is still falling persistently – currently trading at EUR/JPY 121.28..
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