Economic Data Puts the EUR and the Loonie in Focus after a Busy Asian Session


Source: yahoo.com yahoo.com

Key Topics in this News Article:

News Snapshot:

Earlier in the Day: It was a busy start to the day on the economic calendar this morning. The Japanese Yen, the Aussie Dollar, the Kiwi Dollar were all in action this morning, with economic data from China also in focus. For the Japanese Yen Industrial production and retail sales figures were out this morning. In April, industrial production rose by 2.5%, following a 1.7% increase in March. Economists had forecast a 4.1% jump in production. According to the Ministry of Economy, Trade and Industry , Industries that mainly contributed to the increase: General-purpose and business orientated machinery. Electrical machinery,...