The yen declined for the second consecutive day against all 16 currencies of the world amid the oil price. Japanese currency retreated to the dollar by 0.4% to 119.69 yen per dollar, and yesterday the decrease was 0.7%, which is the biggest drop since December 17. Against the euro the yen declined by 0.2% to 141.50 yen per euro.
The dollar rose in Asian session against the euro by 0.1% to 1:18:23 dollars per euro after weaker data from Europe for inflation and better US employment in the private sector, which grew by 241,000, as well as commercial balance, which also showed better results -39.001 billion. forecast of -42 000 billion. According to the Royal Bank of Canada, the dollar will continue to appreciate against most currencies and especially against the yen. “Our forecast is for a level of 132.00 yen to 1 dollar by the end of the year” the bank said. “The decline in oil prices stopped and shares began to regain their values, together with the rise of the dollar” shared by Aozora Bank Ltd. in Tokyo.
Avstraliskiya dollar rose against all 16 world currencies after the statistics bureau showed that building permits rose 7.5% in November month, while economists had forecast a decline of 3%. Australian currency added 0.1 percent to 80.89 against the US cents after yesterday retreated to 80.33 cents, which is the lowest level since July 2009 onwards.