Category Archives: News

The Euro slipped off a 2-week peak versus the U.S. Dollar, pushed there on news that the IMF has decided to increase its safety net intended for the Eurozone by 100%. Continue reading →

The Japanese Yen continues to hold close to recent lows against the U.S. Dollar, as investors are hesitant to move too aggressively ahead of next week’s policy. Continue reading →

In the Eurozone, the focus will turn to Spain and the next auction of Spanish 2-year and 10-year. Analysts says that the Euro is likely to be under renewed pressure as the auction looms, and could test support at $1.30. Continue reading →

The safe haven currencies fell in Asian trading as commodity-linked currencies staged a comeback. The Japanese Yen fell broadly and extended its fall from the 7-week peak versus the U.S. Dollar struck earlier in the week. Continue reading →

Chinese stock prices plummeted for the second day following reports that the country’s FDI (foreign direct investment) was down 2.8% in Q1 2012 as compared with the same period last year. Continue reading →

The Euro hit a 1-month trough against the U.S. Dollar and 1½-year low versus the British Pound Sterling as rising Spanish bond yields brought new worries of Eurozone debt contagion. Continue reading →

For the second consecutive day, the Euro had edged higher against the U.S. Dollar and touched on a 1-week peak but analysts agree that the Eurozone’s debt crisis is likely to minimize potential gains. Continue reading →

Commodity linked currencies jumped as risk appetite was whetted following yesterday’s comments by on ECB official who hinted that there was a possibility that the central bank could embark on additional bond purchases. Continue reading →

The safe haven Japanese Yen remained near a multi-week peak versus a broad mix of currencies on heightened risk aversion. Continue reading →

The Japanese Yen edged back up off of the day’s lows versus the U.S. Dollar though analysts expect it will continue to stay under pressure. Continue reading →