Yearly Archives: 2012
Yen Ready to Tumble Hard and Fast
According to currency analysts, the Japanese Yen is poised to fall to a level not seen in more than seven years as investors await the Bank of Japan’s move to an extremely aggressive monetary posture in accordance with the demands of the new Japanese government headed by Shinzo Abe. Continue reading
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Yen Ready to Tumble Hard and Fast
According to currency analysts, the Japanese Yen is poised to fall to a level not seen in more than seven years as investors await the Bank of Japan’s move to an extremely aggressive monetary posture in accordance with the demands of the new Japanese government headed by Shinzo Abe. Continue reading
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Yen Weaker on Aggressive Easing Threat
The Japanese Yen’s broad downward fall continued during Friday’s trading session in Asia as the U.S. Dollar edged lower on market players’ speculation that the fiscal cliff problem won’t be resolved in time to avoid billions of dollars worth of spending cuts and tax increases. Continue reading
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Yen Weaker on Aggressive Easing Threat
The Japanese Yen’s broad downward fall continued during Friday’s trading session in Asia as the U.S. Dollar edged lower on market players’ speculation that the fiscal cliff problem won’t be resolved in time to avoid billions of dollars worth of spending cuts and tax increases. Continue reading
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Yen’s Fall Continues in Abe’s Wake
The Japanese Yen struck a 2-year trough against the U.S. Dollar during the Asian trading session on expectations that Abe Shinzo’s new government will implement a new and more aggressive stimulus policy, an action which is certain to further depreciate the safe haven Japanese currency. Continue reading
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Yen’s Fall Continues in Abe’s Wake
The Japanese Yen struck a 2-year trough against the U.S. Dollar during the Asian trading session on expectations that Abe Shinzo’s new government will implement a new and more aggressive stimulus policy, an action which is certain to further depreciate the safe haven Japanese currency. Continue reading
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Obama Shortens Trip for Fiscal Cliff
Although it may seem like nearly everyone in the world is vacationing or enjoying a bit of winter relaxation, such luxury has eluded President Barack Obama, who was forced to shorten his Hawaiian vacation to deal with issues relating to the “fiscal cliff” Continue reading
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Obama Shortens Trip for Fiscal Cliff
Although it may seem like nearly everyone in the world is vacationing or enjoying a bit of winter relaxation, such luxury has eluded President Barack Obama, who was forced to shorten his Hawaiian vacation to deal with issues relating to the “fiscal cliff” Continue reading
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US Sales, Consumer Confidence Slump
US consumer confidence fell to a five-month low in December. Meanwhile, in Japan, a new prime minister is set to shake things up. Get the story here. Continue reading
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US Sales, Consumer Confidence Slump
US consumer confidence fell to a five-month low in December. Meanwhile, in Japan, a new prime minister is set to shake things up. Get the story here. Continue reading
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