U.S. Dollar Lower Against Yen as Investors Reposition for Yen Slide
April 20, 2011 by admin
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The U.S. Dollar edged slightly lower against the Japanese Yen in Tokyo trading as investors pared away their carry trade positions, but most analysts expect that move will be short-lived with hedge fund operators and Japan-based life insurers positioning themselves ahead of what is likely to be another Yen slide. Source: DailyForex News
Forex – Pound slips against dollar after weak U.K. industrial data
April 8, 2011 by admin
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Forex – Pound slips against dollar after weak U.K. industrial data Forex Pros – The pound slipped against the U.S. dollar on Wednesday, following a report showing that British industrial output fell unexpectedly in February, raising doubts over a near-term rate Read more on Nasdaq
Euro Momentarily Strikes 10 Month High Against Yen
April 1, 2011 by admin
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The Euro briefly struck a 10-month peak against the Japanese Yen in Asian trading today on raised expectations that the Bank of Japan will not consider an interest rate hike any time soon. Source: DailyForex News
Whetted Risk Appetite Pushes U.S. Dollar Higher Against Japanese Yen
March 31, 2011 by admin
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The U.S. Dollar hovered close to a 3-week peak versus the Japanese Yen in Asian trading today on investor speculation that the United States’ Quantitative Easing program will not be extended past the planned end in June. Source: DailyForex News
US Dollar Trades Higher Against Euro as German Election Weighs
March 29, 2011 by admin
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The common currency Euro slipped against the U.S. Dollar in Asian trading today following the defeat in Germany of Angela Merkel's Christian Democrat party in regional elections. Source: DailyForex News
USD Rallies against JPY Following Bank of Japan Intervention
March 15, 2011 by admin
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The U.S. Dollar rallied against the Japanese Yen, rebounding off earlier lows in Tokyo trading, following Bank of Japan intervention. Source: DailyForex News
Japanese Yen Lower Against Majors as Earthquake Aftershocks Strike Japan
March 12, 2011 by admin
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Following the 8.9 magnitude earthquake and resultant tsunami which hit the northern coast of Japan a short while ago, the Japanese Yen broadly fell against the majors. Source: DailyForex News
US Dollar Higher Against Japanese Yen, Treasury Auction in Focus
March 10, 2011 by admin
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The U.S. Dollar was higher versus the Japanese Yen in Tokyo trading today following yesterday's small rise in 3-year Treasury yields. Source: DailyForex News
Euro Moves Higher Against the Greenback as EU Summit Eyed
March 9, 2011 by admin
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In early Asian trading, the Euro edged up against the U.S. Dollar, but investors, who have increased their long-term holdings in the common currency, appear to believe that a decline in the short-term will prevent it from breaching the November peak. Source: DailyForex News
Euro Steadies Near 4 Month Hike against US Dollar
March 4, 2011 by admin
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The common currency steadied close to a 4-month peak versus the U.S. Dollar in Asian trading on growing speculation that the ECB is moving closer to an interest rate hike. Source: DailyForex News