Japanese Shares Fall as Yaskawa Leads Tech SellOff

TOKYO, April 12 Reuters Japanese shares ended lower on Monday, dragged down by sharp losses in Yaskawa Electric after the industry bellwethers earnings outlook failed to meet the markets expectations, prompting a selloff in other tech stocks. Nikkei average fell 0.77 to close at 29,538.73. It has been in a holding pattern after hitting a […]
Read More

GBP Down, CAD Up; EU Retail Sales

Rates as of 0500 GMT Market Recap Only small changes in FX rates Friday this morning. GBP continued what seems like its inexorable decline, the fifth day out of six that its been lower when I opened my spreadsheet in the morning. Nothing new here that I can discern just people trimming their long positions, […]
Read More

AUD Eases amid Disappointing Vaccine Rollout, NZD Unchanged

SYDNEY, April 12 Reuters The Australian dollar opened the week slightly lower on Monday, as investor mood soured following setbacks in the countrys vaccination programme, while the New Zealand dollar was little changed. The Aussie dollar was down 0.15 at 0.7606, extending Fridays losses, which were triggered by worries about a slowdown in the countrys […]
Read More