Currency Note Worldwide

Data figures push the Swiss France down as the Japanese Yen rises

By Ricky Bean August 18th, 2015

Swiss retail figures were released yesterday, with data below expectations meaning the Swiss Franc experienced a slight weakness.

Japanese Gross Domestic Product (GDP) figures were also released yesterday, showing a slight positive movement against forecast figures. The Yen showed some strength due to this, but the continuing low rate is still very worrying.

The Reserve Bank of Australia (RBA), kept their interest rate on hold overnight, following cuts in February and May. However they also saw it key to monitor information about economic and financial conditions to determine if their current approach will continue to move them towards their target position.

Are you looking to buy or sell currencies? Contact your trader now for live rates, news and currency purchasing strategies.