Read More Japanese Yen at Turning Point with Poor GDP Data Due
Japanese yen is heading higher today as concerns about Greece once again take center stage. While Greek Prime Minister Lucas Papademos insisted that some progress was made over the weekend, he also pointed out that there are still some conditions left. The unresolved situation is adding to the uncertainty that is prompting risk aversion today. (…)Read the rest of Japanese [...]
Read More Japanese Yen Outlook in Disarray as Greek Fiasco Beckons Intervention
Japanese yen is mixed today, heading higher against the euro, but lower against the US dollar and the UK pound. Uncertainty about Greece is creeping into the picture, weighing on the euro, but there is enough good news — so far — that other high beta currencies are maintaining their gains. (…)Read the rest of Japanese Yen Mixed as Uncertainty Creeps In [...]
Read More Japanese Yen Outlook Mixed as Prices Face Conflicting Forces
Japanese yen is gaining against the euro and the pound today, thanks to renewed fears about what’s next for Europe. Yen is lower against the US dollar, though, thanks in part to the re-emergence of the trade deficit in Japan. As long as concerns about Europe, and the banking industry, remain, yen is likely to find some strength against European currencies. (…)Read the rest of Japanese Yen Gains Against Euro, Pound (155 [...]
Falling to the lowest level in almost 11 years, the European euro traded slightly higher at 99.75 against the Japanese yen after falling as low as 99.25 – a level not seen since 2000. 38 Vote(s) Read More Euro Bounces From 11Year Low Against Japanese Yen
The Japanese yen is a little higher today, thanks to the strength of Japanese exports and gains made by the Nikkei today. Stock markets in the United States and many other major cities were closed today for holiday, but the Japanese markets were open, and the gains reflected optimism for the economy. (…)Read the rest of Japanese Yen Rises as Exporters See Growth (140 words) Posted on Forex News. Read More Japanese [...]
AUD/USD is similarly bearish, it’s next downside target is Sovereign and corporate bids at .9810/25. isn’t asian session usually counter-trend of the previous us session in aud/usd? do you see it getting back up or the bearish force is already too … 37 Vote(s) Read More ForexLive Asian market open Japanese Tankan this morning
Japanese yen is lower today as Forex traders look for high yielders as risk appetite improves. Indeed, risk appetite is the story as the Dow surges on holiday shopping news. (…)Read the rest of Japanese Yen Lower as Traders Look for High Yielders (164 words) Posted on Forex News. Read More Japanese Yen Lower as Traders Look for High Yielders
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