Category Archives: News

Japanese Finance Minister Yoshihiko Noda told reporters he would respond appropriately as needed, an expression he has not previously used in his campaign to talk the currency down. Continue reading →

The EUR hit a nine-year low point versus the Japanese currency on Tuesday as the loss of key technical support led speculators to sell the currency in the hope of forcing stop-loss sales against both the JPY and the USD. Continue reading →

The EUR hovered near a 10-week peak vs the USD on Wednesday, supported by strong U.S. corporate earnings that also boosted global shares. Continue reading →

The EUR hovered near a 10-week peak vs the USD on Wednesday, supported by strong U.S. corporate earnings that also boosted global shares. Continue reading →

The EUR hovered close to a 10-week record versus the dollar on Wednesday, supported by significant U.S. corporate earnings that also boosted global shares. Continue reading →

The USD held steady versus the JPY on Thursday above a 15-year low hit last week, drawing some support from a media report that the Bank of Japan has begun to consider additional monetary easing steps. Continue reading →

The Japanese currency increased in value on Wednesday with investors citing yen purchaing by Japanese investors and exporters, while the Canadian dollar maintained its gains scored on news of a huge takeover bid by global miner BHP Billiton for Canada’s Potash Corp. Continue reading →

The big question remains whether the Japanese authorities will further actions to curb the JPY’s rise. This lack of clarity brought the US currency to hover around a 15 year low against the Yen, weighed dow by a decrease in IS treasury yields. Continue reading →

The Euro, which initially headed lower for a sixth straight day, bounced back from a near one-month low against the dollar, aided by a bounce in equity markets. Continue reading →

A report stating that the Japanese prime minister and the head of the central bank are going to meeting to discuss ways to better cope with the JPY’s export sapping strength lead to a serious increase of the US Dollar vs the JPY on Friday. Continue reading →