Yearly Archives: 2012

Yen Strengthens as BOJ Leaves Status Quo

The Japanese Yen edged back up off of the day’s lows versus the U.S. Dollar though analysts expect it will continue to stay under pressure. Continue reading

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Markets Struggle During Asian Session

The greenback hit a one-month low against the yen, hitting a low of 81.19 at one point, while the euro continued to flounder during the Asian session. Continue reading

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Markets Struggle During Asian Session

The greenback hit a one-month low against the yen, hitting a low of 81.19 at one point, while the euro continued to flounder during the Asian session. Continue reading

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Euro Softness Persists Ahead of NFP

As it holds close to a 3-week low established against the U.S. Dollar in the Asian session, the Euro is on track to post the worst week in several months. Continue reading

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Euro Softness Persists Ahead of NFP

As it holds close to a 3-week low established against the U.S. Dollar in the Asian session, the Euro is on track to post the worst week in several months. Continue reading

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Euro Struggles Up from Depths

Both the Euro and the Australian Dollar took hard hits in trading yesterday and are today still within striking distance of the recently established lows. Several events combined to work against the commodity-linked currencies, including Tuesday’s Fed minutes and yesterday’s ECB meeting and dismal outcome of the Spanish bond auction. Continue reading

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Euro Struggles Up from Depths

Both the Euro and the Australian Dollar took hard hits in trading yesterday and are today still within striking distance of the recently established lows. Several events combined to work against the commodity-linked currencies, including Tuesday’s Fed minutes and yesterday’s ECB meeting and dismal outcome of the Spanish bond auction. Continue reading

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Aussie Dollar Slips Hard on Trade Data

The Australian Dollar struck an 11-week trough against the U.S. Dollar following an unexpected outcome in balance of trade figures. Continue reading

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Aussie Dollar Slips Hard on Trade Data

The Australian Dollar struck an 11-week trough against the U.S. Dollar following an unexpected outcome in balance of trade figures. Continue reading

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Euro Stung by Labor and PMI Data

The Euro fell broadly in Asian trading as the repercussions of yesterday’s less than impressive jobs and manufacturing data continue to take its toll. Continue reading

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