Yen Strengthens Vs

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 rising trend, yet by Tuesday the trend has broadly reversed. As a result, the dollar dropped about 450 pips vs. the euro, and about 200 pips vs. the Japanese yen. The dollar's bearishness came as a result of disappointing economic data which was released from the U.S., especially regarding the labor ...

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 forgotten. For now, it seems, the tension still affects the traders’ sentiment. EUR/JPY dropped from 111.15 to 110.80 as of 10:26 GMT after it rose previously to 111.74. USD/JPY traded near 83.25 after opening at 83.15 and falling to 82.93.

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 inflation and extend the dollar's bearish trend. Investors seem to be uncertain about holding the dollar due to the expectations that the Fed is likely to introduce a new stimulus. As a result, the dollar saw an unclear trend over the past few days, especially vs. the euro, its greatest counterpart. The ...

The U.S. dollar dropped against most of the major currencies, especially the euro, ahead of the Congressional Election results. The main reason for the dollar's fall is the speculation regarding asset purchases by the Federal Reserve. In the mean-time, several significant economic releases are expected from the U.S. today, and along with the ripple effect of the elections results, harsh volatility is likely to be observed. Economic News USD - Dollar Falls vs. Euro Ahead of Heavy News Day 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. ...

Positive U.S. Data Boosts Risk Appetite and Weakens the Dollar Monday, 27 Sep 2010 The U.S. dollar fell against most of the major currencies during last week's trading session. The dollar lost about 450 pips against the euro. The EUR/USD pair is currently heading towards the 1.3500 level. The dollar dropped about 200 pips against the British pound and about 150 pips vs. the Japanese yen. The dollar's downfall came after several positive U.S. economic indicators were released last week. The U.S. sales of previously owned homes rose in August to a 4.13 million, up from 3.84 million in July. The result was above the predicted result of 4.11 million. In addition, the total value of new purchase orders placed with manufacturers for durable goods, excluding transportation items, climbed in ...

As speculations that last week's spike in yen value was the result of another intervention from the Bank of Japan remain unconfirmed, Governor Shirakawa says that the BoJ is prepared to take appropriate action if needed. Despite Japanese efforts, the yen continues to strengthen. Is another intervention simply a matter of time? Economic News USD - Positive U.S. Data Boosts Risk Appetite and Weakens the Dollar The U.S. dollar fell against most of the major currencies during last week's trading session. The dollar lost about 450 pips against the euro. The EUR/USD pair is currently heading towards the 1.3500 level. The dollar dropped about 200 pips against the British pound and about 150 pips vs. the Japanese yen. The dollar's downfall came after several positive U.S. economic indicators ...

After the U.S. dollar corrected some of its gains yesterday, a new trading day, packed with significant ‎economic publications is ahead. Most attention should be given to the U.S. ADP Non-Farm Employment ‎Change, which attempts to estimate Friday's release of Non-Farm Payrolls. Current expectations are for a ‎positive result, will the dollar erase yesterday's losses?‎ Economic News USD - Dollar Weakens Despite Positive Consumer Confidence Report The U.S. dollar fell against most of the major currencies during yesterday's trading session. The dollar ‎began yesterday's trading with a sharp 100 pips loss vs. the euro, which was slightly corrected later on. The ‎dollar saw a mild drop against the Japanese yen as well.‎ The dollar fell yesterday ...

The U.S. dollar corrected looses against most of the major currencies during last week's session, as data showed that global recovery might take longer than expected. This decreased risk-appetite in the market, and turned investors to look for safer assets, such as the dollar and the Japanese yen. Crude Oil prices also fell as a result. With a heavy news week ahead, this trend might extend if the economic publications will continue to provide signals for a slowdown in the global recovery. Economic News USD - Negative Economic Data Boosts the Dollar The U.S. dollar rallied vs. most of the major currencies during last week's trading session. The dollar gained about 500 pips against the euro and about 400 pips against the British Pound. The dollar fell last week as a result of several ...

The Japanese yen rose today against the U.S. currency as the growing concern for the global recovery spurs the investors to seek safety, increasing the appeal of the Japanese currency. The U.S. economy continues to show the sings of the weakness. While the banking sector in Europe looks pretty robust, the manufacturing sector gives the reason for the concern. According to the experts’ estimates, the manufacturing confidence in the Eurozone was minus five in July. USD/JPY fell from 87.44 to about 87.17 today as of 8:58 GMT after reaching as low as 87.08.