Author Archives: info@dailyforex.com

Yen’s Downtrend Continues Relentlessly

The Japanese Yen was broadly lower during Friday’s Asian trading session, posting the largest monthly drop against the Euro in more than a decade as investors ready themselves for the Bank of Japan’s aggressive easing measures. Continue reading

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Yen’s Downtrend Continues Relentlessly

The Japanese Yen was broadly lower during Friday’s Asian trading session, posting the largest monthly drop against the Euro in more than a decade as investors ready themselves for the Bank of Japan’s aggressive easing measures. Continue reading

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Asian Countries Move Ahead of US

As the US economy slipped to an annualized rate of 0.1% in the fourth quarter of 2012, the rate of growth in Asia surpassed all expectations. Continue reading

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Asian Countries Move Ahead of US

As the US economy slipped to an annualized rate of 0.1% in the fourth quarter of 2012, the rate of growth in Asia surpassed all expectations. Continue reading

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More Easing Ahead Markets Turn to Euro

Market players moved into higher risk currencies such as the Euro and shunned both the U.S. Dollar and the Japanese Yen following the U.S. Federal Reserve’s announcement yesterday to maintain its $85 billion monthly bond-purchasing scheme. Continue reading

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More Easing Ahead Markets Turn to Euro

Market players moved into higher risk currencies such as the Euro and shunned both the U.S. Dollar and the Japanese Yen following the U.S. Federal Reserve’s announcement yesterday to maintain its $85 billion monthly bond-purchasing scheme. Continue reading

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EUR/USD Still Faces Key Resistance

The Euro steadied close to a 14-month peak against the greenback during the Asian trading session, but resistance which is set at $1.35 has still not been breached and currency experts say that without breaking that key psychological level that gains w… Continue reading

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EUR/USD Still Faces Key Resistance

The Euro steadied close to a 14-month peak against the greenback during the Asian trading session, but resistance which is set at $1.35 has still not been breached and currency experts say that without breaking that key psychological level that gains w… Continue reading

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USD/JPY Rally Set to Resume

During the Asian trading session, the U.S. Dollar slipped from a recently struck multi-year peak after investors booked profits in the wake of the recent Dollar rally, however analysts confirm that in light of the Bank of Japan’s aggressively loose monetary policy that the Dollar’s decline is certain to be short-lived. Continue reading

Comments Off on USD/JPY Rally Set to Resume

USD/JPY Rally Set to Resume

During the Asian trading session, the U.S. Dollar slipped from a recently struck multi-year peak after investors booked profits in the wake of the recent Dollar rally, however analysts confirm that in light of the Bank of Japan’s aggressively loose monetary policy that the Dollar’s decline is certain to be short-lived. Continue reading

Posted in News | Comments Off on USD/JPY Rally Set to Resume