Category Archives: News

With investors worried that the Bank of Japan will again intervene to curtail the meteoric rise of the safe haven currency, the Japanese Yen has steadied against the U.S. Dollar in Asian trading. Continue reading →

Earlier today, it was reported that the Bank of Japan had intervened in the currency, sending the safe haven 5.1% lower against the U.S. Dollar to 79.49 Japanese Yen. As reported at 5:40 a.m. (GMT), the USD/JPY pair was trading lower at 75.8250. Continue reading →

A relief rally in Asia drove the Euro to a 7-week peak in early trading, though the single currency has since beat a slight retreat. Continue reading →

Now that the Eurozone’s leadership have finally reached an accord which calls for, among other things, a 50% write-down of private Greek bondholder debt the common currency struck a 7-week high against the U.S. Dollar in Asian trading. Continue reading →

Traders had, up until recently, been hopeful that the leadership was finally in the process of taking serious measures to address the growing fiscal problems. But that hope was dashed yesterday afternoon. Continue reading →

In Asian trading, the Euro slipped against the U.S. Dollar but remains close to a 6-week peak struck on Monday. Continue reading →

Hopes that the Eurozone’s leadership has moved closer to finding resolution to the debt crisis plaguing the region has given the Euro some support, though the single currency did slip lower versus the U.S. Dollar on some light profit taking. Continue reading →

A deep divide among the Eurozone’s policymakers has put pressure on the common currency during the Asian trading session, though the Euro has held hard to earlier gains the outlook appears rocky. Continue reading →

Ongoing doubts over the Eurozone’s policymakers’ ability to create a plan which will help to stop the Eurozone crisis are putting significant pressure on the common currency Continue reading →

The Euro gained some ground in the Asian trading session after taking a fall on Monday when Germany’s policymakers threw cold water on a quick resolution to the Eurozone crisis.
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