Author Archives: info@dailyforex.com

The greenback’s recent rally paused during Friday’s trading session in Asia, though analysts expect that the U.S. Dollar’s upward track is likely to resume given the stronger fundamentals and improved outlook in the U.S. economy. Continue reading →

The U.S. Dollar Index held close to a 7-month peak versus a weighted basket of its major rivals following the release of unexpectedly improved retail sales data which gave a lift to expectations that U.S. consumers might be able to weather the newly im… Continue reading →

The Japanese Yen’s recent sell off slowed during the Asian trading session though analysts don’t believe that the respite will be long lived as expectations for the Yen’s continued depreciation are rampant given an exceptionally dovish Bank of Japan. Continue reading →

The Japanese Yen struck a new multi-year low against its main rival, the U.S. Dollar, during Tuesday’s Asian trading session on investors’ expectations that the Bank of Japan’s monetary policy is about to become even dovish than initially anticipated. Continue reading →

The U.S. Dollar held close to a 3-year peak against the Japanese Yen as well as most major currencies during Monday’s Asian trading session, propelled their by much better than expected jobs data last Friday which fueled investors optimism that the largest economy in the world is well on the road to recovery. Continue reading →