Category Archives: News

U.S. Dollar Holds Steady but Further Weakening Expected

In Asian trading today, the U.S. Dollar held steady versus the Japanese Yen, but the market is merely waiting for the greenback to further soften once the Federal Reserve Bank takes additional quantitative easing measures, as most investors anticipate … Continue reading

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U.S. Dollar Holds Steady but Further Weakening Expected

In Asian trading today, the U.S. Dollar held steady versus the Japanese Yen, but the market is merely waiting for the greenback to further soften once the Federal Reserve Bank takes additional quantitative easing measures, as most investors anticipate … Continue reading

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Bank of Japan Catches Market Flat Footed with Surprise Moves

In a move that caught the global forex markets unaware, the Bank of Japan today, in a unanimous vote, announced a reduction in its lending rate to a mere sliver above zero percent. Continue reading

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Short Covering helps Push Yen Lower versus the Greenback

With investors unwinding long Yen positions in advance of this week’s policy meeting in Japan, the U.S. Dollar gained versus the Japanese currency in Asian trading; most investors don’t see any real surprises coming out of the meeting, howe… Continue reading

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Risk Taking Pushes up Common Currency in Asia

With investor risk appetite whetted by positive economic data from China, the common currency Euro moved up against the U.S. Dollar in Asian trading today, holding steady near a 5-month peak Continue reading

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Arabcom Group to hold the Middle East Online Trading Summit & Awards 2010 in Dubai

Arabcom Group will host The Middle East Online Trading Summit & Awards 2010, the only event of its kind, on 9th & 10th of November at Jumeirah Emirates Towers Hotel, Dubai. Continue reading

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U.S. Dollar Struggles on Easing Worries as Investors Ponder Japanese Intervention

With investors watching closely for any last minute sales of the greenback by exporters from Japan on this, the final day of the first half of the Japanese fiscal year, the U.S. Dollar appears to be firmly rooted near this week’s low trade versus… Continue reading

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U.S. Dollar Struggles on Easing Worries as Investors Ponder Japanese Intervention

With investors watching closely for any last minute sales of the greenback by exporters from Japan on this, the final day of the first half of the Japanese fiscal year, the U.S. Dollar appears to be firmly rooted near this week’s low trade versus… Continue reading

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U.S. Dollar Continues to Slip in Asia on Concerns of Additional Monetary Easing

The U.S. Dollar, which has continued to struggle against major currencies over the past months, once again appears vulnerable to a further decline. Continue reading

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U.S. Dollar Continues to Slip in Asia on Concerns of Additional Monetary Easing

The U.S. Dollar, which has continued to struggle against major currencies over the past months, once again appears vulnerable to a further decline. Continue reading

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