Category Archives: News
Euro Gets Reprieve from Fed Minutes
The Euro continues to hover close to a 2-month trough against the U.S. Dollar, but at least was able to stop a 5-day long losing streak. Continue reading
Greek Woes Holds Euro at 2-month Low
The Euro again held just off a 2-month low against the greenback in Asian trading, kept there by growing uncertainty over the situation in Greece and whether or not the Troika will agree to disburse their next bailout loan payment. Continue reading
Euro Dips as Greece’s Future Debated
Earlier during the Asian trading session, the Euro fell to a 2-month trough against the U.S. Dollar as doubts about the disbursement of Greece’s next bailout loan escalated following the failure of the E.U. Continue reading
Tranche Payment at Risk Despite Greeks
During the Asian trading session the common currency held just above a 2-month low against the U.S. Dollar following the news that the Greek Parliament had gotten approval for the 2013 budget. Continue reading
Euro Falls on Souring Outlook
During the Asian trading session, the Euro slumped very close to a 2-month low against the greenback as the outlook for the Eurozone continues to deteriorate. Continue reading
Yen Bounces on Fiscal Cliff Worries
As reported at 12:05 p.m. (JST) in Tokyo, the EUR/JPY pair was trading at 101.78 Yen, a decline of 0.4% from late trading in New York; earlier it had struck 101.75 Yen, the common currency’s lowest level versus the Yen in nearly a month. Continue reading
U.S. Dollar Broadly Weaker on Obama Win
With the U.S. election now called in favor of incumbent president Barack Obama, the U.S. Dollar slipped against the safe haven Japanese Yen during the Asian trading session, as speculators anticipate that the Federal Reserve’s current loose monetary policy is likely to hold sway over at least a part of the next four years. Continue reading
USD Broadly Lower After Obama Win
With the U.S. election now called in favor of incumbent president Barack Obama, the U.S. Dollar slipped against the safe haven Japanese Yen during the Asian trading session, as speculators anticipate that the Federal Reserve’s current loose monetary policy is likely to hold sway over at least a part of the next four years. Continue reading
USD Broadly Lower After Obama Win
With the U.S. election now called in favor of incumbent president Barack Obama, the U.S. Dollar slipped against the safe haven Japanese Yen during the Asian trading session, as speculators anticipate that the Federal Reserve’s current loose monetary policy is likely to hold sway over at least a part of the next four years. Continue reading
Euro Pressured by Greek’s Decision
The Euro held close to a 2-month trough against the U.S. Dollar during the Asian trading session with investors worried about the outcome of Greece’s Parliamentary vote on new austerity measures which must be approved before the next tranche of their bailout loan is released by the Troika. Continue reading
