Category Archives: News

Dollar Bounces in Volatile Asian Session

In spite of excessive volatility following comments from one of the U.S. Federal Reserve governors who hinted at an end to the Fed’s easing measures later this year, the U.S. Dollar was able to recover and move higher versus the common currency Euro and Japanese Yen once again Continue reading

Posted in News | Comments Off on Dollar Bounces in Volatile Asian Session

Dollar Bounces in Volatile Asian Session

In spite of excessive volatility following comments from one of the U.S. Federal Reserve governors who hinted at an end to the Fed’s easing measures later this year, the U.S. Dollar was able to recover and move higher versus the common currency Euro and Japanese Yen once again Continue reading

Posted in News | Comments Off on Dollar Bounces in Volatile Asian Session

Euro Lower as Eurozone Growth Stalls

While the evidence continues to mount of a recovery in the U.S. economy the reverse is true in the Eurozone where new data has given rise to speculation that the European Central Bank may now move to a more aggressive easing policy to halt the slowdown Continue reading

Posted in News | Comments Off on Euro Lower as Eurozone Growth Stalls

Euro Lower as Eurozone Growth Stalls

While the evidence continues to mount of a recovery in the U.S. economy the reverse is true in the Eurozone where new data has given rise to speculation that the European Central Bank may now move to a more aggressive easing policy to halt the slowdown Continue reading

Posted in News | Comments Off on Euro Lower as Eurozone Growth Stalls

Greenback Gets More Supportive Data

The U.S. Dollar retreated against the Japanese Yen during the Asian session but kept within striking distance of the recent 4½ year peak; the U.S. Continue reading

Posted in News | Comments Off on Greenback Gets More Supportive Data

Greenback Gets More Supportive Data

The U.S. Dollar retreated against the Japanese Yen during the Asian session but kept within striking distance of the recent 4½ year peak; the U.S. Continue reading

Posted in News | Comments Off on Greenback Gets More Supportive Data

Dollar Poised to Resume Rally

During the Asian trading session the U.S. Dollar Index slipped off a 5-week peak as investors’ profit taking sent the greenback broadly lower ahead of inflation and other key economic data which are likely to be the impetus for a change in the Fed’s monetary
policy. Continue reading

Posted in News | Comments Off on Dollar Poised to Resume Rally

Dollar Poised to Resume Rally

During the Asian trading session the U.S. Dollar Index slipped off a 5-week peak as investors’ profit taking sent the greenback broadly lower ahead of inflation and other key economic data which are likely to be the impetus for a change in the Fed’s monetary
policy. Continue reading

Posted in News | Comments Off on Dollar Poised to Resume Rally

Yen’s Fall Gets G7 Backing

The Japanese Yen slipped back from a recently struck 4½ year low versus the U.S. Dollar though additional deterioration is likely say currency analysts now that the G7 appears to have condoned the Bank of Japan’s monetary policy of aggressive easing as a statement issued by Britain’s George Osborne said only that the Group’s commitment to avoid targeting forex rates has been complied with Continue reading

Posted in News | Comments Off on Yen’s Fall Gets G7 Backing

Yen’s Fall Gets G7 Backing

The Japanese Yen slipped back from a recently struck 4½ year low versus the U.S. Dollar though additional deterioration is likely say currency analysts now that the G7 appears to have condoned the Bank of Japan’s monetary policy of aggressive easing as a statement issued by Britain’s George Osborne said only that the Group’s commitment to avoid targeting forex rates has been complied with Continue reading

Posted in News | Comments Off on Yen’s Fall Gets G7 Backing