Yearly Archives: 2012

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

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Yen Softness Continues as Euro Rallies

In Asian trading, the Japanese Yen continues to be under pressure, sliding on Monday to a 9-month trough against the U.S. Dollar. Continue reading

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Yen Softness Continues as Euro Rallies

In Asian trading, the Japanese Yen continues to be under pressure, sliding on Monday to a 9-month trough against the U.S. Dollar. Continue reading

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Euro Set to Resume Rally

In Asian trading, the Euro held close to a 2½ month peak against the U.S. Dollar, given a lift from unexpectedly improved German IFO business sentiment which promoted traders’ short covering. Continue reading

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Euro Set to Resume Rally

In Asian trading, the Euro held close to a 2½ month peak against the U.S. Dollar, given a lift from unexpectedly improved German IFO business sentiment which promoted traders’ short covering. Continue reading

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Yen Edges Higher, Holds Asian Trade

In Asian trading, the Japanese Yen edged higher versus the U.S. Dollar but remains within striking distance of a 7-month through as Japanese importers support the greenback. Continue reading

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Yen Edges Higher, Holds Asian Trade

In Asian trading, the Japanese Yen edged higher versus the U.S. Dollar but remains within striking distance of a 7-month through as Japanese importers support the greenback. Continue reading

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Euro Struggles for Footing in Asia

As reality settles in, the Euro is finding itself under renewed pressure, as investors consider worries of growth woes and implementation risks for the Mediterranean nation. Continue reading

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Euro Struggles for Footing in Asia

As reality settles in, the Euro is finding itself under renewed pressure, as investors consider worries of growth woes and implementation risks for the Mediterranean nation. Continue reading

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Euro Rises on Greek Bailout Deal

Following the news that the Eurozone’s policymakers have finally agreed on the deal which would give Greece the €130 billion needed to avoid a messy default, the Euro rose against the U.S. Dollar and traded at a high of $1.3293. Continue reading

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