Category Archives: News

Euro Higher in Asian Trading ahead of FOMC Meeting Tomorrow

The common currency Euro gained slightly versus the greenback and Japanese Yen in Monday’s Asian trading, rebounding slightly from Friday’s fall which came as a result of renewed worries over the fiscal situation in Ireland. Continue reading

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Strong Asian Equity Market helps Euro Gain against the Greenback

A strong equity market in Asia helped to push up the common currency Euro versus the U.S. Dollar. Continue reading

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Japanese Exporters Push Yen Higher on Profit Taking

The Japanese Yen moved higher in Asian trading today, though investors remain skittish and worried that another intervention by the Ministry of Japan might be forthcoming should the U.S. Dollar slip below 85 Yen. Continue reading

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Japan’s Ministry of Finance Intervenes, Sends Yen Plummeting

For the first time in more than six years, the Ministry of Finance in Japan has intervened in their currency’s appreciation by buying the U.S. Dollar repeatedly in Asian trading, forcing the Japanese Yen to plummet versus all major currencies. Continue reading

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USDJPY Off to the Races

The dollar dipped to an additional15-year low versus the JPY on Tuesday ahead of a Japanese ruling party leadership vote in which the prime minister will be presented with a challenge from a proponent of more aggressive fiscal stimulus. Continue reading

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Improved Market Sentiment Boosts Euro versus U.S. Dollar

In Asian trading today, the single currency Euro surged 1% higher against the U.S. Dollar as well as other major currencies, as automatic buy orders tripped following the release of encouraging economic data from China, among other things.| Continue reading

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Improved Market Sentiment Boosts Euro versus U.S. Dollar

In Asian trading today, the single currency Euro surged 1% higher against the U.S. Dollar as well as other major currencies, as automatic buy orders tripped following the release of encouraging economic data from China, among other things.| Continue reading

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Dollar bounce loses steam, Swissie slides

The dollar gave up most early gains against the yen on Friday, heading towards 15-year lows and keeping prospects for yen intervention alive, while the Swiss franc stumbled as investors sold safe-haven currencies. Continue reading

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U.S. Dollar Nears 15-year Low versus Yen on Non-intervention by Bank of Japan

The U.S. Dollar approached a 15-year trough versus the Japanese Yen in Asian trading today on investor speculation that the Japan central bank would not yet intervene. Continue reading

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U.S. Dollar Nears 15-year Low versus Yen on Non-intervention by Bank of Japan

The U.S. Dollar approached a 15-year trough versus the Japanese Yen in Asian trading today on investor speculation that the Japan central bank would not yet intervene. Continue reading

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