Wall Street and the world equity market was little changed as the absence of key data, making both investors have no reason to push stocks higher for now.
The euro appreciated after European policy council to stop the discussion on intervention efforts to weaken the euro, while U.S. stocks lost a driving force after hitting multi-annual. The dollar rose to an intraday high at 94.42 yen, its highest level since early May 2010, and the last recorded up 1.8% at 94.33 yen. The euro rose 2.1% to 126.46 yen, after record intraday high at 126.59 yen. The yen fell after U.S. Treasury Undersecretary Lael Brainard said the U.S. supports Japan's efforts to end deflasinya and back spur economic growth. The market saw the situation as a green light to sell the yen further.
The yen fell sharply against the dollar and the euro on Monday after the U.S. financial officials voiced support for Japan's efforts to Overcoming deflation. The yen is expected to continue to weaken.
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