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

Posted in News | Comments Off on Yen, Euro Higher in Asian Trade

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

Posted in News | Comments Off on Greek Outlook Worries Euro Trade

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

Posted in News | Comments Off on Euro Higher as Greek Deal Pushes Ahead

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

Posted in News | Comments Off on Confidence in Greece Lifts Euro

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

Posted in News | Comments Off on Yen Slump Breaks Ahead of BoJ Easing

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

Posted in News | Comments Off on Euro Gets a Broad Boost and Yen Fades

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

Posted in News | Comments Off on Yen Broadly Softer on Easing Concerns

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

Posted in News | Comments Off on Euro Up on Greek Loan Approval

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

Posted in News | Comments Off on Fragile Outlook for Japanese Yen

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

Posted in News | Comments Off on Yen Recovers on BoJ Change Speculation