Category Archives: News
BOJ Head Announces Early Retirement
The Japanese Yen fell broadly during the Asian trading session while investors consider the next probable Bank of Japan governor who will be called to act as the government’s puppet in their quest to bring the Japanese economy back to health. Continue reading
Euro Gives Back Gains, Concern Grows
During the Asian trading session, the Euro gave back some of its previous gains as investors consider the political fallout in two of the Eurozone’s largest economies, specifically Italy and Spain. Continue reading
Yen Slump Resumes in New Week
A new week began much as the old week did, with the Japanese Yen under unrelenting sell pressure as investors wonder how far the Japanese central bank will have to ease in order to bring under control several years of dogged deflation. Continue reading
Yen’s Downtrend Continues Relentlessly
The Japanese Yen was broadly lower during Friday’s Asian trading session, posting the largest monthly drop against the Euro in more than a decade as investors ready themselves for the Bank of Japan’s aggressive easing measures. Continue reading
Asian Countries Move Ahead of US
As the US economy slipped to an annualized rate of 0.1% in the fourth quarter of 2012, the rate of growth in Asia surpassed all expectations. Continue reading
More Easing Ahead Markets Turn to Euro
Market players moved into higher risk currencies such as the Euro and shunned both the U.S. Dollar and the Japanese Yen following the U.S. Federal Reserve’s announcement yesterday to maintain its $85 billion monthly bond-purchasing scheme. Continue reading
EUR/USD Still Faces Key Resistance
The Euro steadied close to a 14-month peak against the greenback during the Asian trading session, but resistance which is set at $1.35 has still not been breached and currency experts say that without breaking that key psychological level that gains w… Continue reading
USD/JPY Rally Set to Resume
During the Asian trading session, the U.S. Dollar slipped from a recently struck multi-year peak after investors booked profits in the wake of the recent Dollar rally, however analysts confirm that in light of the Bank of Japan’s aggressively loose monetary policy that the Dollar’s decline is certain to be short-lived. Continue reading
Euro Lifted as Confidence Returns
The Euro was lifted close to an 11-month peak versus the U.S. Dollar during the Asian trading session, propped up by growing optimism that a true economic recovery in the Eurozone might finally be under way. Continue reading
BOJ Sends Yen Broadly Lower
During the Asian trading session the Japanese Yen struck a 2½ year trough against the greenback and a multi-months low against the common currency Euro as investors focus on the government’s policies and plans to restore economic health to Japan. Continue reading
