Category Archives: News

Japanese stock prices have risen approximately 20 percent in the past two months as the country’s currency has weakened consistently. The Nikkei 225 gained for a second day, rising 0.7 percent to a 10,652.64 close. Continue reading →

The U.S. Dollar firmed against the Japanese Yen during the Asian trading session after a fall from a 2½-year peak encouraged traders to buy the greenback on the dip. Continue reading →

The Euro steadied versus the Japanese Yen during the Asian trading session regrouping from the earlier struck low following comments made by Japan’s Finance Minister who said that the country would purchase the Eurozone’s bailout fund bonds which were issued by the European Stability Mechanism. Continue reading →

The yen rallied from a 2 1/2 year low against the dollar on Monday. The yen’s relative strength index versus the dollar slid to 15.5 on Jan. 4, the least since December 2001 and below the 30 level that traders view as a signal that an asset’s price has fallen too fast. Continue reading →

The U.S. Dollar continued to edge higher against the Japanese Yen during the Asian trading session, striking a 2½-year high at one point, while the Euro also steadied against the Yen as investors await further stimulus measures from Japan’s central bank. Continue reading →

During the Asian trading session the Euro moved lower against the U.S. Dollar, coming down off a 2-week peak set yesterday after an improvement in risk on sentiment after markets learned of the U.S. avoidance of the fiscal cliff. Continue reading →

The U.S. Dollar edged lower during the Asian trading session as it appears that a last minute agreement between President Obama and the U.S. House of Representatives might at last be on the horizon. Continue reading →

In a deal approved just before 2am EST on New Year’s day, members of Congress have reached a deal with United States President Barack Obama to delay the imminent spending cuts and avoid much of the $600 billion in tax hikes for the next two months. Continue reading →

According to currency analysts, the Japanese Yen is poised to fall to a level not seen in more than seven years as investors await the Bank of Japan’s move to an extremely aggressive monetary posture in accordance with the demands of the new Japanese government headed by Shinzo Abe. Continue reading →

The Japanese Yen’s broad downward fall continued during Friday’s trading session in Asia as the U.S. Dollar edged lower on market players’ speculation that the fiscal cliff problem won’t be resolved in time to avoid billions of dollars worth of spending cuts and tax increases. Continue reading →