Thursday, April 26, 2007

Yen hits record low vs euro after data

(Reuters) - Data on Friday showed Japan's core consumer price index declined 0.3 percent in March, compared with forecast 0.2 percent slide.

"The expected timing for the BOJ's next rate rise is being pushed towards the year-end after CPI data," said Mitsuru Sahara, a senior trader at the Bank of Tokyo-Mitsubishi UFJ.


Read more at Reuters.com Hot Stocks News

No comments: