Bloomberg: The yen and the dollar falling against the growth of industrial production in China, the euro is rising

The yen weakened against major currencies. The dollar fell against the background of data from China about the largest increase in industrial production and retail sales for the three months that exceeded projections, and undermined the demand for safe assets. The yen fell to 107.55 per euro at 7.01 am in London from 106.72 in New York last week that it was the largest decline since September 1, when the Japanese currency fell 0.2% to 78.16 per Australian dollar and lost 1.1%, falling to 13.71 against the Norwegian krone. The yen was trading at around 84.14 per dollar, falling from 84.15. Euro rose by 0.9% to $ 1.2795.

According to the Statistics Bureau of Beijing, China's industrial production grew by 13.9% in August compared with a year earlier, which was the biggest increase since May. Retail sales rose 18.4% in August, exceeding the forecast of Bloomberg, which was 18%. Consumer prices rose by 3.5%, which was the largest increase in 22 months. Yuan touched a record 6.7568 per dollar before you drop down to 6.7639 from 6.7692 last week. The People's Bank of China today set the official exchange rate of 6.7509 yuan per dollar, which is the highest since the revision of the course in July 2005. Currency rates are allowed to swim at 0.5% in both sides of the established base rate.

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