Yearly Archives: 2012
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
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Fed’s Decision Pressures USD Further
The U.S. Dollar Index continues to hold close to a multi-month low and analysts believe the pressure on it will continue to remain, following the Fed’s announcement last week that they would embark on an open-ended round of economic stimulus. Continue reading
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Fed’s Decision Pressures USD Further
The U.S. Dollar Index continues to hold close to a multi-month low and analysts believe the pressure on it will continue to remain, following the Fed’s announcement last week that they would embark on an open-ended round of economic stimulus. Continue reading
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Fed’s Aggressive Moves Send USD Down
After Ben Bernanke and the U.S. Federal Reserve Bank announced a new and much more aggressive effort to stimulate the U.S. economy and job creation, the U.S. Dollar Index once again touched on a 4-month low versus a basket of currencies, striking 79.13… Continue reading
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Fed’s Aggressive Moves Send USD Down
After Ben Bernanke and the U.S. Federal Reserve Bank announced a new and much more aggressive effort to stimulate the U.S. economy and job creation, the U.S. Dollar Index once again touched on a 4-month low versus a basket of currencies, striking 79.13… Continue reading
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Euro Focus Zeroes in on Fed Decision
The Euro continues to hold near to a recently struck 4-month peak, and after rallying on the news that the German Constitutional Court upheld Germany’s participation in the E.U. bailout fund. Continue reading
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Euro Focus Zeroes in on Fed Decision
The Euro continues to hold near to a recently struck 4-month peak, and after rallying on the news that the German Constitutional Court upheld Germany’s participation in the E.U. bailout fund. Continue reading
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Moody’s Warning Sends Greenback Lower
Following a warning of a possible downgrade from Moody’s credit ratings service, the U.S. Dollar Index fell close to the 4-month low of 79.87 .DXY, trading at 1:15 p.m. (JST) at 79.784 .DXY during the Asian trading session. Continue reading
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Moody’s Warning Sends Greenback Lower
Following a warning of a possible downgrade from Moody’s credit ratings service, the U.S. Dollar Index fell close to the 4-month low of 79.87 .DXY, trading at 1:15 p.m. (JST) at 79.784 .DXY during the Asian trading session. Continue reading
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Euro Awaits German Court Decision
During the Asian trading session, the Euro held close to a 4-month high versus the U.S. Dollar, the rally subsiding somewhat as traders exercise caution ahead of Germany’s court ruling regarding the bailout fund and the U.S. Fed’s decision on easing. Continue reading
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