Category Archives: News
USD Hits 15 Year Low Versus the Japanese Currency
The USD declined to its most recent 15-year low against the JPY on Wednesday and the EUR struggled close to record lows against the Swiss franc as the market contemplated whether to sell it further on euro zone banking concerns. Continue reading
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JPY: More Easing Steps not Expected
The EURO nosedived on Tuesday from a three-week record versus the USD hit yesterday as rekindled worries about the European banking sector prompted investors to reduce risks. Continue reading
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USD on the Defensive
The USD was playing defense on Monday after firm U.S. payrolls data last week eased market fears over chances of a double-dip recession and boosted demand for the EUR and growth-leveraged currencies. Continue reading
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The Forex Market Testing Japanese Authorities
The EUR and high-yielding currencies held strong on Friday after an improvement in U.S. housing and jobless claims data increased investor appetite for risk ahead of key U.S. jobs data later in the day. Continue reading
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European Central Bank Meeting Has Everyone is Suspense
The USD and JPY were on defense on Thursday, maintaining most losses made the previous day when upbeat data helped pull investors away from safe-haven currencies and assets. Continue reading
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Possible Japanese Intervention Has Investors Speculating
The yen declined on Wednesday as the AUD surged on faster-than-anticipated growth in Australia’s economy and a moderate rebound in China’s manufacturing sector Continue reading
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Japanese Intervention Does Not Have Investors Concerned
The yen revolved around a 15-year peak versus the USD on Tuesday after the Bank of Japan’s easing steps the previous day failed to intimidate investors from betting on it rising even more. Continue reading
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Japan’s Easing Policy Not Aggressive Enough for Investors
The JPY displayed wide losses on Monday as the Bank of Japan’s policy change to expand a fixed rate fund supply scheme disappointed investors who were anticipating more aggressive measures to counter deflation. Continue reading
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Bernanke and Japan Have Everyone In Suspense
The USD inched higher versus the JPY on Friday, approaching losses due to wariness on possible steps from Japanese authorities to ease the yen’s rise. Continue reading
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Japan Has Everyone Talking about Possible Easing Intervention
The JPY made a comeback from a 15-year peak on the USD and a nine-year high on the EUR on Wednesday due to chances that Japanese authorities may indeed take steps such as yen-selling intervention to encourage the yen’s rise. Continue reading
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