U.S. Dollar Continues to Struggle against Yen, Striking 2-month Low in Asia
July 1, 2010 by admin
Filed under forex practice
Institutional investors in Japan are selling off their holdings in the U.S. Dollar following the recent release of weak economic data from the United States bring the greenback to a new 2-month low versus the Japanese Yen. Source: DailyForex News
Australian Dollars Higher on Election of New P.M., while U.S. Dollar Dips in Asia
June 25, 2010 by admin
Filed under forex practice
The U.S. currency was kept on the backfoot in Asian trading today following the U.S. Federal Reserve’s pledge to hold interest rates at their near historic lows. Source: DailyForex News
With Yuan Focus Waning, U.S. Dollar and Japanese Yen Steady in Asia
June 24, 2010 by admin
Filed under forex practice
The U.S. Dollar and Japanese Yen both steadied in Asian trading as the focus on the new Chinese Yuan policy appears to be ebbing. Source: DailyForex News
In Asia, Euro Eases off U.S. Dollar after Striking 2-week Peak
June 17, 2010 by admin
Filed under forex practice
The common currency Euro held its own today, close to a 2-week peak versus the U.S. Dollar in subdued Asian trading. Source: DailyForex News
Higher Share Prices in Asia help Euro to 1-week Peak
June 15, 2010 by admin
Filed under forex practice
The common currency Euro struck a 1-week peak versus the Japanese Yen on rising share prices in the Asian stock market. Source: DailyForex News
Aussie Slips in Asia on Risk Aversion and Mining Tax
May 25, 2010 by admin
Filed under forex practice
Carry trade unwinding by investors pushed the Aussie lower in Asian trading today, a continuing consequence of last week’s risk averse tendencies. Source: DailyForex News
Dollar Buying in Asia increases on Goldman Sachs Respite
April 22, 2010 by admin
Filed under forex practice
This Forex news piece discusses the recent Goldman Sachs scandal as well as its effects on Forex. Source: DailyForex News
Japanese Yen Slips in Asia, but Retains Earlier Gains
March 11, 2010 by admin
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Despite a decline during the Asian trading session, the Japanese Yen managed to hold on to gains made on Thursday; the safe haven currency was bolstered by continuing investor concerns over mounting fiscal problems in Euro-zone countries and doubts over the pace of the worldwide economic recovery. Also helping the Japanese Yen was repatriation of [...]
Pound Sterling Struggles in Asia on Political Uncertainty
March 11, 2010 by admin
Filed under forex practice
The U.S. Dollar rose to a new 9-month peak versus the struggling Pound Sterling in Asian trading today, with the British Pound also trading down against the Japanese Yen. The Pound Sterling was trading at $1.5129 at one point in the day’s session, a 9-month low; this year alone, it has lost better than 6% [...]
U.S. Dollar Slips Broadly in Asia ahead of Greek Finance Meeting
March 11, 2010 by admin
Filed under forex practice
The U.S. Dollar fell broadly in Asian trading today, dropping to its lowest points in several months versus several currencies. As reported at 1:02 p.m. (JST) in Tokyo, the greenback slipped against the Japanese Yen to 88.67 Yen, a decline of .2%; earlier in the trading session on the EBS platform, it had fallen to [...]
