Category Archives: News
After 100.0 Break It’s Full Steam Ahead for USD/JPY
At long last, investors have finally seen the USD/JPY pair break through the elusive 100 level and edge even higher towards 101. Currency analysts believe that the recent signs of improvement for U.S. labor, coupled with the Federal Reserve Bank’s promise to begin curtailing its asset purchase program, has helped to restore investors’ confidence in the U.S. economic recovery. Continue reading
After 100.0 Break It’s Full Steam Ahead for USD/JPY
At long last, investors have finally seen the USD/JPY pair break through the elusive 100 level and edge even higher towards 101. Currency analysts believe that the recent signs of improvement for U.S. labor, coupled with the Federal Reserve Bank’s promise to begin curtailing its asset purchase program, has helped to restore investors’ confidence in the U.S. economic recovery. Continue reading
Improved Risk Sentiment Gives Boost to Euro
The release of unexpectedly improved March factory activity figures from Germany gave a lift to the common currency which stayed close to a 1-week peak against the greenback Continue reading
Improved Risk Sentiment Gives Boost to Euro
The release of unexpectedly improved March factory activity figures from Germany gave a lift to the common currency which stayed close to a 1-week peak against the greenback Continue reading
Aussie Steadies as Kiwi Falls on RBNZ Action
A day following the Reserve Bank of Australia’s rate cutting announcement which sent the Australian Dollar markedly lower, the Aussie gets a reprieve on unexpectedly improved trade data from China which is its primary export destination. Continue reading
Aussie Steadies as Kiwi Falls on RBNZ Action
A day following the Reserve Bank of Australia’s rate cutting announcement which sent the Australian Dollar markedly lower, the Aussie gets a reprieve on unexpectedly improved trade data from China which is its primary export destination. Continue reading
AUD Falls on Rate Cute, EUR Struggles
As reported at 10:36 a.m. (JST) in Tokyo, the EUR/USD pair had been trading at a session low of $1.3053, well below Monday’s peak of $1.3141; it has since recovered and is holding at $1.3081. The full story is here. Continue reading
AUD Falls on Rate Cute, EUR Struggles
As reported at 10:36 a.m. (JST) in Tokyo, the EUR/USD pair had been trading at a session low of $1.3053, well below Monday’s peak of $1.3141; it has since recovered and is holding at $1.3081. The full story is here. Continue reading
Dollar Continues Boost from NFP
The U.S. Dollar edged up against the Japanese Yen during Monday’s Asian trading session, the USD/JPY pair was able to gain additional traction after the U.S. labor report for April came in last Friday with unexpected improvements in the numbers. Continue reading
Dollar Continues Boost from NFP
The U.S. Dollar edged up against the Japanese Yen during Monday’s Asian trading session, the USD/JPY pair was able to gain additional traction after the U.S. labor report for April came in last Friday with unexpected improvements in the numbers. Continue reading
