Market news
24.12.2010, 08:33

Asian session: The dollar is poised for a weekly loss against yen

The yen fell against most major peers on prospects gradual recoveries in the world’s largest economies will support global growth while forcing central banks in Japan and the U.S. to keep interest rates near zero.
The euro gained for the first time in eight days versus Japan’s currency before Dec. 29 reports forecast to show European inflation accelerated last month and German consumer prices rose.
The dollar is poised for a weekly loss against 12 of its 16 most-traded counterparts as currency volatility fell, spurring investments in riskier assets. Reports next week may reveal confidence among U.S. consumers improved even as housing remained the economy’s weak link.

EUR/USD: the pair shown high in the field of $1.3150

GBP/USD: the pair grown in around $1,5460.

USD/JPY: the pair bargained within the limits of Y82,90-Y83,20.

Today is no data.

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