Yearly Archives: 2012
Aussie Dollar Dips despite RBA Decision
The Reserve Bank of Australia announced earlier that it would make no changes to its current interest rate, set at 4.25%, though it held on to the easing bias discovered with the most recent reading of the minutes. Continue reading
Profit Takers Send USD/JPY Higher
The U.S. Dollar fell against the Japanese Yen as investors decided to take profits following the recent rise to a 9-month peak; analysts say that U.S. Dollar buying is limiting losses in the short term. Continue reading
Profit Takers Send USD/JPY Higher
The U.S. Dollar fell against the Japanese Yen as investors decided to take profits following the recent rise to a 9-month peak; analysts say that U.S. Dollar buying is limiting losses in the short term. Continue reading
Euro Steadies but Remains on Defensive
The common currency Euro held steady against the U.S. Dollar and edged higher versus the Australian Dollar in Asian trading. Continue reading
Euro Steadies but Remains on Defensive
The common currency Euro held steady against the U.S. Dollar and edged higher versus the Australian Dollar in Asian trading. Continue reading
LTRO Outcome Sends Euro, Aussie Lower
In Asian trading, the U.S. Dollar came up off of a 3-month low versus a weighted basket of currencies following Ben Bernanke’s speech yesterday which this time around did not allude to the possibility of additional easing. Continue reading
LTRO Outcome Sends Euro, Aussie Lower
In Asian trading, the U.S. Dollar came up off of a 3-month low versus a weighted basket of currencies following Ben Bernanke’s speech yesterday which this time around did not allude to the possibility of additional easing. Continue reading
Euro, Aussie Gain ahead of ECB’s LTRO
The Euro edged higher in Asian trading, accompanied by other commodity-linked currencies as investors have pinned their collective hopes on today’s LTRO offering from the European Central Bank. Continue reading
Euro, Aussie Gain ahead of ECB’s LTRO
The Euro edged higher in Asian trading, accompanied by other commodity-linked currencies as investors have pinned their collective hopes on today’s LTRO offering from the European Central Bank. Continue reading
Yen Slips on Month-End Buying Spree
The Japanese Yen slipped further from the 9-month trough struck yesterday as end of the month buying by Tokyo-based exporters helped propel it through a correction. Continue reading
