Category Archives: News
Yen, Euro Higher in Asian Trade
The Japanese Yen edged lower off the 1-week peak struck overnight in Asia while the Euro steadied on U.S. policymakers’ comments which renewed investors hopes that the fiscal cliff might be avoided. Continue reading
Greek Outlook Worries Euro Trade
The Euro gave up recent gains against the U.S. Dollar during the Asian trading session as investors now take the opportunity to reconsider the effects of Greece’s new target debt plan. Continue reading
Euro Higher as Greek Deal Pushes Ahead
The Euro touched briefly on a 1-month peak against the U.S. Dollar during the Asian trading session earlier today on news that international lenders have agreed that Greece will be permitted a new debt target. Continue reading
Confidence in Greece Lifts Euro
Investors are confident that the European Union’s policymakers won’t allow Greece to go default and as a result had pushed the common currency Euro to a 1-month peak against the U.S. Dollar as well as a 7-month high versus the Japanese Yen. Continue reading
Yen Slump Breaks Ahead of BoJ Easing
The Japanese Yen edged up against the greenback during the Asian trading session today, finally getting some respite after its sharp 2-week drop on expectations of a new Japanese government’s potentially aggressive monetary easing. Continue reading
Euro Gets a Broad Boost and Yen Fades
In Asia, the Euro struck a multi-months peak against the Japanese Yen on support that the Greek loan deal might soon be unconditionally approved. Continue reading
Yen Broadly Softer on Easing Concerns
The Japanese Yen slipped to a 7½ month low versus the U.S. Dollar during the Asian trading session today, with a similar fall against the common currency Euro, as investors speculate that an incoming Japanese government will aggressively push for a softer Japanese currency to lift the economy. Continue reading
Euro Up on Greek Loan Approval
The Euro edged close to a 2-week peak against the greenback during the Asian trading session on Tuesday, as risk appetite got a boost from optimistic investors expecting that the Greek government will receive its next bailout tranche soon. Continue reading
Fragile Outlook for Japanese Yen
Earlier in the Asian trading session, the Japanese Yen struck a 7-month trough against the U.S. Dollar on investors’ expectations that the central government will cede to wishes by the new Japanese government to even more aggressively loosen their monetary policy in order to provide a lift to the Japanese economy. Continue reading
Yen Recovers on BoJ Change Speculation
The Japanese Yen recovered during the Asian trading session following a plunge to a 6-month plus low versus the U.S. Dollar on Thursday. Continue reading
