Yearly Archives: 2012

During the Asian trading session, the Japanese Yen struck multi-month lows against the U.S. Dollar and single currency Euro on investor speculation that the Bank of Japan is prepared to intercede in the Japanese currency’s strong appreciation. Continue reading →

Last Friday, inflation data from Canada showed a mild 1.2% prompting investors to speculate that the Canadian central bank will likely consider an interest rate cut later this week. Continue reading →

There was little change in the Euro which again held close and just below the recently struck 1-month high; analysts say that fresh impetus will be needed to retest the September peak, though it is unlikely to find it today even with the conclusion of… Continue reading →

The Euro held close to the 1-month peak struck on Wednesday and risk sentiment got a boost from a drop in Spain’s bond yields, better than expected housing data from the U.S. and a possible year-end rebound in the Chinese economy. Continue reading →

The Euro earlier struck a 1-month peak against the U.S. Dollar following Moody’s affirmation of Spain’s credit rating, instead of the downgrade into junk status that had been expected. Continue reading →