Yearly Archives: 2012
U.S. Dollar Softens on Bernanke Comments
The U.S. Dollar came under pressure again as Ben Bernanke, the head of the U.S. Federal Reserve Bank, signaled that monetary policy would continue to remain accommodative, giving rise to renewed hopes of more easing. Continue reading
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U.S. Dollar Recovers Ground on Yen
During the early Asian trading session, the U.S. Dollar recovered from a 10-day trough versus the Japanese Yen as Japanese importers used the pair’s dip to buy into the greenback. Continue reading
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U.S. Dollar Recovers Ground on Yen
During the early Asian trading session, the U.S. Dollar recovered from a 10-day trough versus the Japanese Yen as Japanese importers used the pair’s dip to buy into the greenback. Continue reading
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Global Growth Concerns Weigh Broadly
As Tokyo-based importers took advantage of the earlier rally, the Japanese Yen saw some slight weakening during the Asian trading session but the newly raised concerns over global growth are likely to send investors back to safe haven currencies. Continue reading
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Global Growth Concerns Weigh Broadly
As Tokyo-based importers took advantage of the earlier rally, the Japanese Yen saw some slight weakening during the Asian trading session but the newly raised concerns over global growth are likely to send investors back to safe haven currencies. Continue reading
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Aussie Dollar Falls Hard on China Data
China’s Flash PMI data for February showed a surprising contraction, an event which pushed the Australian Dollar lower against the U.S. Dollar. Get today’s news here! Continue reading
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Aussie Dollar Falls Hard on China Data
China’s Flash PMI data for February showed a surprising contraction, an event which pushed the Australian Dollar lower against the U.S. Dollar. Get today’s news here! Continue reading
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Euro Continues Upswing
Earlier in the Asian session, the Euro struck a 2-week peak against the U.S. Dollar as recent clearer signs of stabilization in the Eurozone helped to support the common currency. Continue reading
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Euro Continues Upswing
Earlier in the Asian session, the Euro struck a 2-week peak against the U.S. Dollar as recent clearer signs of stabilization in the Eurozone helped to support the common currency. Continue reading
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Euro Firms on Stabilization Signs
The EUR/USD pair steadied at $1.3235, just off a 1-week high of $1.3266 struck yesterday, helped there by short selling of the U.S. Dollar following news that the ECB bought no sovereign debt last week. Continue reading
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