Thursday, December 20, 2012

DailyMarkets.com - Forex Trading: Euro Extends Gains Following Positive German Data

DailyMarkets.com - Forex Trading: Euro Extends Gains Following Positive German Data

Forex Trading: Euro Extends Gains Following Positive German Data

Posted: 19 Dec 2012 11:56 PM PST

Euro Extends Gains Following Positive German Data
A better than expected German Ifo Business Climate figure yesterday, helped the euro extend its recent bullish trend during the European session. Higher-yielding commodities, including crude oil, were also able to benefit from risk taking after the German indicator was released. Today, US news is likely to market sentiment, with the Unemployment Claims, Existing Home Sales and Philly Fed Manufacturing Index set to have the greatest impact. … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Bank Of Japan To Inject 50 Trillion Yen Over Next Year

Posted: 19 Dec 2012 09:23 PM PST

     Japan’s central bank will inject more than 50 trillion yen in new funds over the next 12 months aimed at boosting economic growth and will review its monetary policy goals next month, fueling speculation that it will raise its target for inflation.
    The Bank of Japan (BOJ), which launched its asset purchase program in October 2010, said it would increase the size of the program by a further 10 trillion yen to about 101 trillion, buying 5 trillion yen of Treasury … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards
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