Category Archives: News
Absence of Bad News Sends Yen Lower
The U.S. Dollar rose against the Japanese Yen in Tokyo trading today as pension fund operators in Japan, as well as Japanese importers, bought the greenback heavily. Continue reading
Dollar and Yen Strengthen After New Earthquakes Hit
It’s been a month since the major earthquake that shook Japan, but a recent, smaller earthquake is causing the Yen to strengthen further. Continue reading
Japanese Yen Continues Downtrend with G7 Intervention
The Japanese Yen slipped lower against the common currency and the Australian Dollar in Asian trading today, and analysts expect further weakening as risk appetite increases, generally. Continue reading
Yen Slips Further while Euro Buoyed by Rate Hike
A day after a second earthquake struck the beleaguered island nation, the Japanese Yen fell broadly, striking multi-month lows against the U.S. Dollar and the common currency Euro. Continue reading
As ECB Meeting Looms, Euro Falls
Ahead of the European Central Bank’s policy and rate setting meeting which is set to begin later in the global day, the common currency fell from multi-month peaks against the Japanese Yen and the U.S. Dollar. Continue reading
Yen Continues to Slip Broadly Lower Under G7 Manipulation
The Japanese Yen continues to broadly decline following last month’s devastating earthquake and tsunami in Japan, and with the concerted efforts of the G7 to keep the Japanese currency from appreciating during this reconstruction period. Continue reading
Aussie Dollar Slips Following RBA Rate Decision
Following the Reserve Bank of Australia’s announcement that their policy and rate setting committee decided to hold key interest rates at 4.75%, the Australian Dollar slipped against the U.S. Dollar. Continue reading
Euro Striking New Multi-Month Highs as ECB Meeting Looms
With a meeting of the European Central Bank’s policy setting committee looming later in the week, the common currency struck new multi-month peaks in Asian trading today. Continue reading
Japanese Yen Slips Again versus Euro-USD
The Japanese Yen continues to weaken versus the majors in midday Asian trading, slipping to a 10-month trough versus the common currency Euro. Continue reading
Euro Momentarily Strikes 10 Month High Against Yen
The Euro briefly struck a 10-month peak against the Japanese Yen in Asian trading today on raised expectations that the Bank of Japan will not consider an interest rate hike any time soon. Continue reading
