Category Archives: News
U.S. Dollar Index Approaches All Time Record Low
The U.S. Dollar Index remains hovered close to a 3-year low in light Asian trade, underpinned by the likelihood of prolonged low interest rates and a growing U.S. budget deficit. Continue reading
Investors Shun Safe Havens, Sending Dollar Index to 3-Year Low
Whetted investor risk appetite has pushed the U.S. Dollar Index to its lowest point in 3 years, and analysts expect that further decline in the index is likely. Continue reading
AUD Reaches Record High
After the Australian government proved that producer prices surpassed estimated prices, the Australian dollar climbed to a new high. Continue reading
Euro Rebounds in Asia on Interest Rate Hike Speculation
Commodity linked currencies, including the common currency Euro and the Australian Dollar, rebounded in Asian trading today with the Euro rising against the U.S. Dollar to $1.4387, a gain of 0.4%. Continue reading
U.S. Dollar Lower Against Yen as Investors Reposition for Yen Slide
The U.S. Dollar edged slightly lower against the Japanese Yen in Tokyo trading as investors pared away their carry trade positions, but most analysts expect that move will be short-lived with hedge fund operators and Japan-based life insurers positioni… Continue reading
U.S. Dollar Lower Against Yen as Investors Reposition for Yen Slide
The U.S. Dollar edged slightly lower against the Japanese Yen in Tokyo trading as investors pared away their carry trade positions, but most analysts expect that move will be short-lived with hedge fund operators and Japan-based life insurers positioni… Continue reading
Eurozone Debt Worries Resurface to Hold Euro Lower vs Dollar/Yen
In Asian trading today, as investor focus returns to Eurozone fiscal problems the common currency Euro extended earlier losses against the greenback after failing to break above key resistance. Continue reading
Ireland Downgrade Only Marginally Affects Euro
According to some analysts, the divergence of the Federal Reserve’s monetary policy from that of the European Central Bank’s is what is driving the disparity between the U.S. Dollar and the common currency Euro. Continue reading
U.S. Dollar Index Strikes 16-Month Trough in Asia
The U.S. Dollar Index slipped to a new 16-month low in Asian trading today as investor speculation that the U.S. Federal Reserve Bank might alter its currently loose monetary policy grows more remote. Continue reading
U.S. Dollar Index Strikes 16-Month Trough in Asia
The U.S. Dollar Index slipped to a new 16-month low in Asian trading today as investor speculation that the U.S. Federal Reserve Bank might alter its currently loose monetary policy grows more remote. Continue reading
