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Yen Strengthens VsTitle:
Dukascopy Afternoon Forex Overview : 03/01/2012
Dukascopy Fundamental Analysis
EUR
Greece will be forced to exit the Euro Zone in case it fails to agree with the EU, private bondholders and the IMF on the second bailout worth 130 billion euros, said Pantelis Kapsis, government's official. The country may default in case the deal is not concluded till March when the country has to make bond payments.
USD
The EU countries have to solve the debt crisis using their own efforts, said Mitt Romney, Republican U.S. presidential candidate. The US ...
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Timeline: Japan battles strong yen
(Reuters) - Japan will take decisive action against any speculative moves in the currency market, Finance Minister Yoshihiko Noda said, signaling Tokyo's readiness to intervene to stem further yen rises after its spike to a record high last week.
Here are some milestones in the yen's 140-year history:
1871 - The yen becomes Japan's currency as part of the Meiji Restoration, which marked the start of Japan's modernization and opening to the rest of the world. Japan adopts the gold standard.
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Unrest in Libya Boosts Crude Oil to $99.90; Non-Farm Payrolls Week Begins
Last week's most notable trends were the bullish Japanese yen and crude oil. Both trends took place in response to the rising violence in Libya, which has by now cut two thirds of its oil supply. While the Libyan turmoil is likely to affect this week's session as well, another significant news event will have a large impact on the market; the U.S. Non-Farm Payrolls.
Economic News
USD - Dollar Continues To Weaken As Investors Seek Higher-Yielding Assets
The U.S. dollar slid against most of ...
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Will the Euro's Rally Continue?
Last week, one of the most notable trends in the market was the bullish euro. By Friday, the euro was once again boosted on speculation that the ECB will hike interest rates in February. Today, several economic releases are expected from the euro-zone. Will the euro see another bullish session?
Economic News
USD - Dollar Closes a Bearish Week Following Weak U.S. Economic Data
The U.S. dollar fell against most of its major currency counterparts during last week's trading session. The dollar ...
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Heavy News Day Looks to Trigger Extreme Volatility in the Forex Market
A heavy news day is expected today, as leading economic releases from France, Germany, Great Britain and the U.S. are scheduled. The abnormal amount of significant news events is likely to create high volatility throughout the majority of today's trading session, and traders are advised to be prepped.
Economic News
USD - Dollar Strengthens on Positive Expectations for This Week's U.S. Economic Releases
The U.S. dollar climbed yesterday against most of its major currency counterparts. The ...
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S&P Cuts Japan's Credit Ratings; Yen Falls in Response
Yesterday's most significant economic news was clearly the S&P's announcement that Japan's credit ratings will be downgraded from AA- to AA. The Japanese yen saw sharp falls against all the major currencies in response. In addition, disappointing U.S. economic data have weakened the dollar against the euro and the British pound.
Economic News
USD - Dollar Weakens Following Disappointing Economic Data
The U.S. Dollar fell against most of its major currency rivals on Thursday's trading ...
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Disappointing Non-Farm Payrolls Data Boosts Yen and Commodities; Dollar Plunges
Last week's session ended with a rather disappointing U.S. Non-Farm Payrolls data as payrolls increased by merely 43,000 in November. As a result, the Japanese yen, and commodities such as gold and crude oil, have rallied. The U.S. dollar on the other hand has tumbled against all the major currencies.
Economic News
USD - Dollar Closes Last Week with a Bearish Trend
The U.S. dollar fell last week against most of its major counterparts. The dollar began last week's trading session with a ...
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Japanese Yen Strengthens vs. Euro on Korean Conflict
The Japanese yen rose today against the euro after it declined previously as the United Nations called for the talks with North Korea about its attack on the South Korean island, supporting the Asian equities and reducing the demand for the haven.
The MSCI Asia Pacific Index of shares reduced its losses to 0.4 percent after it previously fell as much as 1.3 percent. The experts say that if the Korean conflict wouldn’t continue the incident and its impact on the markets would be swiftly ...
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Forex - In Depth Currency Analysis: 11/03/2010
Dollar Falls vs. Euro Ahead of Heavy News Day
Wednesday, 3 Nov 2010
The U.S. dollar fell sharply against the euro on Tuesday. The dollar dropped about 150 pips vs. the European currency, and the EUR/USD has peaked at the 1.4055 level as of this morning. The greenback also fell against most of the major currencies, including the Australian dollar and the Swiss franc.
The dollar weakened yesterday on speculation a resumption of asset purchases by the Federal Reserve will lead to higher ...
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