Category Archives: News

The Euro and other commodity-linked currencies firmed during Wednesday’s Asian trading session, supported by an improvement in investors’ risk appetite which lifted Wall Street to a record close of 14,253.77 points, a gain of 125.95 points. Continue reading →

Following concerns that Italy’s economy has shrunk, the euro fell against the yen in Tuesday’s Asian session, falling 0.4 percent to 121.24 yen. Continue reading →

The Japanese Yen moved broadly higher following a steep drop in China’s key equity markets which prompted forex traders to seek out the safe haven currency. Continue reading →

According to a report published by the Federal Reserve on Thursday, US consumer debt rose at the end of 2013 for the first time in four years. Continue reading →

The Euro held steady against both the Japanese Yen and the U.S. Dollar during the Asian trading session after smooth sailing and solid demand for the Italian government’s sale of 5-year and 10-year sovereign bonds. Continue reading →

The Japanese Yen held on to earlier gains made against both the U.S. Dollar and the common currency Euro as market players focus on the likely outcome of an Italian sovereign bond sale which should help to pinpoint the Euro’s direction. Continue reading →

The common currency Euro dipped near to a 7-week low during Tuesday’s Asian trading session following the unexpected outcome of Italy’s Parliamentary elections. Continue reading →

During the Asian trading session, the Japanese Yen fell hard against the U.S. Dollar, hitting a fresh 33-month trough as investors react to rumors that the Japanese government is poised to name two well-known doves to replace the policy makers at the B… Continue reading →

The Euro edged higher to 1.3219 during the Asian trading session recovering from a sharp and broad decline on Thursday as market players view less than sterling economic data as evidence that the Eurozone’s recession continue to press onward, the result that the ECB might consider a rate cut in the months ahead. Continue reading →

The U.S. Dollar gained during the Asian trading session after the release of the most recent minutes from the Federal Reserve’s latest policy meeting in January. Continue reading →