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
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
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
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
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
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
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
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
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
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
