Yearly Archives: 2012

The Euro held close to a 2-month trough against the U.S. Dollar during the Asian trading session with investors worried about the outcome of Greece’s Parliamentary vote on new austerity measures which must be approved before the next tranche of their bailout loan is released by the Troika. Continue reading →

The U.S. Dollar Index struck a 2-month peak during the Asian session following Friday’s unexpectedly good U.S. labor report which suggested that the economic fundamentals of the United States might be built on sturdier stuff than originally presumed. Continue reading →

Positive expectations for Friday’s nonfarm payroll report sent the Dollar higher against the Yen, as investors continued the week’s pullback from safe-haven currencies. Continue reading →

During the Asian session, the Japanese Yen edged closer to a 4-month low, attributed primarily to an importer-driven selloff and a reconsideration of the recent Bank of Japan’s easing efforts. Get the full story here. Continue reading →

Following the Bank of Japan’s stimulus announcement yesterday, the Yen slipped off a 1-week high versus the U.S. Dollar, largely attributed to an increase in investors’ risk appetite. Continue reading →