Commodity News
HeadLine : Yen gains further in Asia as Japan economic policy team to meet
Date : Jun 29 2016
The yen gained further on Wednesday in Asia as top policymakers in Japan prepared for another set of meetings on the economy in the wake of the Brexit vote in the U.K.

USD/JPY traded at 102.548 down 0.28%, while AUD/USD traded at 0.7405, up 0.27%. GBP/USD edged down 0.24% to 1.3314.

In Japan, retail sales for May fell 1.9% year-on-year, compared to a 1.6% fall seen. In Australia the HIA new home sales figures for May fell 4.4%, less than the decline of 4.7% expected.

The pound eased after U.K. Prime Minister David Cameron told Europe’s leaders that they will have to offer the U.K. more control over immigration at the end of a fractious day where politicians across Europe clashed over the meaning and consequences of last week’s Brexit vote.

Source: Investing.com
News Archives: