Category Archives: News

The common currency back off of a 9-week peak against the U.S. Dollar in Asian trading today, as profit takers sold off their short term holdings in the currency. Continue reading →

The Euro moved closer to the recently struck 2-month peak versus the U.S. Dollar in Asian trading today, and market players expect to see further gains as sentiment for the common currency turned favorable. Continue reading →

In early afternoon trading in Tokyo, the common currency Euro slipped against the U.S. Dollar and the Japanese Yen, but is expected by some dealers to rebound later when data from China confirms a strongly growing economy. Continue reading →

The dollar fell to an eight-week low against the euro on speculation a sluggish recovery in U.S. housing and labor markets will deter the Federal Reserve from raising interest rates. Continue reading →

Investors had hoped that this week’s meeting of finance ministers from the Eurozone would result in a strengthening of the rescue fund, yet no definitive outcome came from yesterday’s meeting, and investors get the sense that the market is … Continue reading →

The common currency Euro held close to a 1-month peak against the U.S. Dollar in Asian trading today, as market players speculate that the current gains are likely limited, and can be attributed to last week’s short covering. In the long term, in… Continue reading →

Sales by Japanese exporters and institutional investors helped to drive down the Euro against the Japanese Yen in Asian trading today. Market players foresee, however, that the Euro might rebound during the European session and even into next week, fol… Continue reading →

In Asian trading today, the Euro retreated from the 1-week high struck following the successful bond auction conducted by the Portuguese government yesterday, even as investors await today’s auctions of Spanish and Italian debt. Continue reading →

Bond sales to be held later today by the highly-indebted Portuguese government have likely kept many market players on the sideline; nonetheless, in thin Asian trading, the Euro has managed to extend the gains from its earlier rebound. Continue reading →

In Asian trading today, the common currency held close to the 4-month low struck yesterday, even after the Japanese government reported that it would buy approximately 20% of the European rescue fund bonds that will be sold later in the month which are… Continue reading →