Category Archives: News

U.S. Dollar Edges Off 2-week High

The U.S. Dollar slipped against the Japanese Yen during the Asian trading session coming off a 2-week high struck last Friday after the U.S. Labor Department reported an unexpected improvement to 7.8% in the unemployment rate. Continue reading

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Euro Holds after ECB Stands Pat

The Euro slipped lower against the U.S. Dollar but held firm not far from the 2-week high struck after the ECB said that they stood ready to purchase sovereign debt. Continue reading

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Markets Eye Central Banks’ Decision

The Japanese Yen is edging close to a 2-week low against the U.S. Dollar as investors take positions against the possibility that the Bank of Japan’s monetary policy becomes looser at the conclusion of this week’s policy setting meeting. Continue reading

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Euro Holds while Aussie Falls

The Euro held steady in Asian trading as investors attempt to gauge whether or not Spain is prepared to ask for financial assistance. Continue reading

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U.S. Data Gives Euro a Lift

Currencies were boosted slightly after somewhat positive manufacturing data from the U.S. Get the full story here. Continue reading

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Spain’s Bank Tests Results Weigh on Euro

During the Asian trading session the Euro slipped lower against the U.S. Dollar as investors digest the results of the latest Spanish banks’ stress test which did little to minimize concerns of a much-needed financial bailout. Continue reading

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Euro Regroups as Spain Offers Budget

The Euro firmed above the recently struck 2-week low after Spain’s government revealed a 2013 budget that many believe is a move towards stabilizing its finances. Continue reading

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Euro Near 2-Week Low as Spain Delays

See how economic turmoil in Spain and anti-austerity protests are affecting the global markets. Continue reading

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Spain Woes Capping Euro Gains

In Tokyo, the EUR/USD was trading at $1.2899, close to Tuesday’s low and down nearly 2% from the 4-month peak struck last week. Analyst say that support for the EUR/USD pair is seen at around $1.28 Continue reading

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Euro Feels Pressure from Spain

The Euro edged higher against the U.S. Dollar in the Asian trading session following Monday’s fall to a 1-week low triggered by growing worries over Spanish debt and the government’s laissez faire attitude toward help. Continue reading

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