Category Archives: News
USD Trades in Range on Fed Expectations
The U.S. Dollar’s momentum was stymied during the Asian trading session on Tuesday on expectations of a prolonged QE program by the Federal Reserve with many investors already accepting as fact the likelihood that incoming Fed Chief Janet Yellen will maintain the ultra loose monetary policy which currently exists at least through March 2014. Continue reading
Traders Wary of Further Yen Weakening
The U.S. Dollar and common currency Euro remained close to recently struck highs versus the Japanese Yen during Monday’s Asian trading session, however continuing uncertainty about the U.S. Federal Reserve’s position on QE tapering will mean that the greenback’s gains are likely to be limited. Continue reading
Traders Wary of Further Yen Weakening
The U.S. Dollar and common currency Euro remained close to recently struck highs versus the Japanese Yen during Monday’s Asian trading session, however continuing uncertainty about the U.S. Federal Reserve’s position on QE tapering will mean that the greenback’s gains are likely to be limited. Continue reading
Yen Bows to Intervention Fears
The Japanese Yen was mired close to a 2-month trough versus its main rival, the U.S. Dollar, following comments made by Japan’s Finance Minister who said that currency intervention must be included as one of the government’s policy tools. Continue reading
Yen Bows to Intervention Fears
The Japanese Yen was mired close to a 2-month trough versus its main rival, the U.S. Dollar, following comments made by Japan’s Finance Minister who said that currency intervention must be included as one of the government’s policy tools. Continue reading
Dollar Pressured by Fed Statements
Market players are once again revisiting the likelihood that the U.S. Federal Reserve will maintain the status quo as regards QE tapering. Continue reading
Dollar Pressured by Fed Statements
Market players are once again revisiting the likelihood that the U.S. Federal Reserve will maintain the status quo as regards QE tapering. Continue reading
USD Up as Investors Reassess Fed Taper
The U.S. Dollar was boosted up to a 2-month high versus the Japanese Yen as market players begin to reassess the Federal Reserve’s likely position regarding QE tapering given last week’s unexpectedly strong outcome of U.S. labor data. Continue reading
USD Up as Investors Reassess Fed Taper
The U.S. Dollar was boosted up to a 2-month high versus the Japanese Yen as market players begin to reassess the Federal Reserve’s likely position regarding QE tapering given last week’s unexpectedly strong outcome of U.S. labor data. Continue reading
Euro Catches a Break
Following last week’s heavy selloff, the Euro managed to hold onto recent gains during the Asian trading session though investors continue to curtail their bearish positions. Continue reading
