Yearly Archives: 2012
Euro Feels Pressure from Spain
The Euro edged higher against the U.S. Dollar in the Asian trading session following Monday’s fall to a 1-week low triggered by growing worries over Spanish debt and the government’s laissez faire attitude toward help. Continue reading
Comments Off on Euro Feels Pressure from Spain
Euro Pressured by Spain Concerns
In Asian trading, the EUR/USD remains close to the low struck last week with investors concerns over what’s ahead for Spain putting pressure on the Euro, which fell to $1.2931, a decline of 0.3% and close to the $1.29195 low struck on Thursday. Continue reading
Posted in News
Comments Off on Euro Pressured by Spain Concerns
Euro Pressured by Spain Concerns
In Asian trading, the EUR/USD remains close to the low struck last week with investors concerns over what’s ahead for Spain putting pressure on the Euro, which fell to $1.2931, a decline of 0.3% and close to the $1.29195 low struck on Thursday. Continue reading
Comments Off on Euro Pressured by Spain Concerns
Dollar Bounces on Soft Data
The U.S. Dollar gained a reprieve against the Euro as disappointing PMI data released yesterday showed that business activity in the Eurozone remained weak in spite of efforts by the central bank. Continue reading
Posted in News
Comments Off on Dollar Bounces on Soft Data
Dollar Bounces on Soft Data
The U.S. Dollar gained a reprieve against the Euro as disappointing PMI data released yesterday showed that business activity in the Eurozone remained weak in spite of efforts by the central bank. Continue reading
Comments Off on Dollar Bounces on Soft Data
Japanese Yen Resumes Uptrend
The response to the Bank of Japan’s intervention yesterday was short-lived, and following profit-taking traders are already pushing the safe haven currency higher against the U.S. Dollar during the Asian trading session. Continue reading
Posted in News
Comments Off on Japanese Yen Resumes Uptrend
Japanese Yen Resumes Uptrend
The response to the Bank of Japan’s intervention yesterday was short-lived, and following profit-taking traders are already pushing the safe haven currency higher against the U.S. Dollar during the Asian trading session. Continue reading
Comments Off on Japanese Yen Resumes Uptrend
Bank of Japan Intervenes in FX Market
As many had expected, the Bank of Japan (BOJ) earlier today intervened in the Yen’s rise following the U.S. central bank’s easing moves last week which pushed the Japanese currency into unwelcome territory. Continue reading
Posted in News
Comments Off on Bank of Japan Intervenes in FX Market
Bank of Japan Intervenes in FX Market
As many had expected, the Bank of Japan (BOJ) earlier today intervened in the Yen’s rise following the U.S. central bank’s easing moves last week which pushed the Japanese currency into unwelcome territory. Continue reading
Comments Off on Bank of Japan Intervenes in FX Market
BoJ Meeting, Is a Yen Intervention Ahead?
As reported at 1:18 p.m. (JST) in Tokyo, the U.S. Dollar was trading at 78.57 Japanese Yen, falling from a high of 78.93 Japanese Yen struck on Monday and well above the 7-month trough of 77.13 Japanese Yen struck last Thursday. Continue reading
Posted in News
Comments Off on BoJ Meeting, Is a Yen Intervention Ahead?