The US dollar strengthened against major currencies.
The Euro falls by 0.3% to 1.0550 Euro to the dollar.
The pound weakened by 0.3% to 1.2433 pounds to the dollar.
The dollar strengthened against the Japanese yen by 0.2% to 114.54 yen to the dollar.
The Asian stock markets trading is conducted on a negative trend due to the appreciation of the dollar against the Japanese yen.
The US Dollar falls against the yen by 0.25% and trading at about 113.45 yen to the dollar.
The Japanese Yen falls against the US dollar by 0.2% and is trading at about 111.97 yen to the dollar.
The Euro weakened against the US dollar by 0.6% and is trading at about 1.0687 dollars to the Euro.
Japan has posted today some macroeconomic data which painted a confusing picture about the activity’s in the third largest economy in the world.
The country’s industrial output grew for the second month in a row view of the increasing demand for Japanese goods, caused by by the weakening of the Japanese yen.
December industrial output rose by 0.5%, continuing a surge of 1.5% in November.
Other data released today indicate a decline in consumer spending, which may explain the expected slowdown in growth in the fourth quarter.
The USD traded steadily against the major currencies as the pound strengthened by 0.2% and the Euro traded unchanged at 1.0738 euros to the dollar.
The dollar strengthened against the Japanese yen by 0.5% to -113.78 yen to the dollar.
The Japanese currency, which considered as “safe haven” for investors just like the Gold, is falling by 0.5% today against the US dollar.
The US dollar falling not just versus the British pound and the Euro but also against other leading world currencies.
The US currency loses 1% against the Japanese yen and falling by 1.2% against the franc Swiss, and in this case , the pair comes to equality of right, one dollar equals one franc.
The foreign exchange market, the US dollar returns to go up against the Japanese yen, after yesterday he went down by more than 1%, and was trading at about 114.85 yen to the dollar.
Japan’s Finance Ministry announced that is suspending negotiations with South Korea on the currency swap agreement between the two countries.
In response the Asian stock markets trading is of a mixed trend, also in view of weakening the Japanese yen.
The US dollar enjoyed a positive trend.
He rises against the Japanese yen by 0.2% to 117.36 yen and against the British pound and the Euro going up by 0.1%.
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