Category Archives: News
U.S. Dollar Recovers Ground on Yen
During the early Asian trading session, the U.S. Dollar recovered from a 10-day trough versus the Japanese Yen as Japanese importers used the pair’s dip to buy into the greenback. Continue reading
Posted in News
Comments Off on U.S. Dollar Recovers Ground on Yen
Global Growth Concerns Weigh Broadly
As Tokyo-based importers took advantage of the earlier rally, the Japanese Yen saw some slight weakening during the Asian trading session but the newly raised concerns over global growth are likely to send investors back to safe haven currencies. Continue reading
Posted in News
Comments Off on Global Growth Concerns Weigh Broadly
Aussie Dollar Falls Hard on China Data
China’s Flash PMI data for February showed a surprising contraction, an event which pushed the Australian Dollar lower against the U.S. Dollar. Get today’s news here! Continue reading
Posted in News
Comments Off on Aussie Dollar Falls Hard on China Data
Euro Continues Upswing
Earlier in the Asian session, the Euro struck a 2-week peak against the U.S. Dollar as recent clearer signs of stabilization in the Eurozone helped to support the common currency. Continue reading
Posted in News
Comments Off on Euro Continues Upswing
Euro Firms on Stabilization Signs
The EUR/USD pair steadied at $1.3235, just off a 1-week high of $1.3266 struck yesterday, helped there by short selling of the U.S. Dollar following news that the ECB bought no sovereign debt last week. Continue reading
Posted in News
Comments Off on Euro Firms on Stabilization Signs
Japanese Yen Struggles to Suppress Rise
The Japanese Yen was on the defensive during the Asian trading session as the common currency Euro reached a 5-month peak against it; as reported at 1:08 p.m. Get today’s news here. Continue reading
Posted in News
Comments Off on Japanese Yen Struggles to Suppress Rise
Profit Taking Sends U.S. Dollar Lower
The U.S. Dollar slipped finally as profit taking slowed the recent rally, however analysts concur that the uptrend remains intact as the latest positive economic data more than supports the outlook. Continue reading
Posted in News
Comments Off on Profit Taking Sends U.S. Dollar Lower
U.S. Dollar Strengthens Broadly
The U.S. Dollar continues to strengthen broadly, this time touching on a 1-month peak versus the Euro and an 11-month peak versus the Japanese Yen. Continue reading
Posted in News
Comments Off on U.S. Dollar Strengthens Broadly
U.S. Dollar Rallies Broadly on Data
The U.S. Dollar appreciated broadly in Asian trading today, with the greenback striking a multi-month peak against the Japanese Yen. Get the full news article here. Continue reading
Posted in News
Comments Off on U.S. Dollar Rallies Broadly on Data
Dollar Continues Upward Climb
In today’s news, after a two day Bank of Japan meeting, the US dollar hit an 11 month high against the Yen, with the Dollar Index hitting 79.981, which is also a 7 week high for the currency pair. Continue reading
Posted in News
Comments Off on Dollar Continues Upward Climb