The USD is mixed this morning against its most actively traded counterparts, gaining against most European currencies while remaining lower against the higher-yielding commodity and emerging market currencies. The dollar has pared early declines after … 33 Vote(s) Read More Daily Summary on USD, EUR, GBP, JPY, AUD, CAD and NZD
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UK retail sales slid this month at the fastest pace in nearly three years after a report earlier this week showed that the British economy in fact contracted in Q4 2011, raising the odds of another recession. However, while the BoE is widely expected … 27 Vote(s) Read More Daily Summary on USD, EUR, GBP, [...]
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The Australian dollar strengthened today even after a report showed that nation’s consumer price inflation stalled in the fourth quarter of 2011. The currency reached a record high since November against the yen as Japan’s trade deficit widened.(…)Read the rest of AUD Rises Even as Inflation Stalls, Reaches Record vs. JPY (120 words) Posted on Forex News. Read More AUD Rises Even as Inflation [...]
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Risk-aversion continues to dominate markets on intervention speculation from Japan and Switzerland and as US may talk about introducing the third round of quantitative easing as the current economic assessment points towards continuous weakness. Yen and Franc weakened against the Dollar on these intervention talks to curb the currency strength Read More JPY, CHF Drop [...]
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A massive intervention to weaken the JPY and another swoon in risk appetite have catapulted the USD for sharp gains. How long will the intervention keep JPY crosses off their lows? In the Asian session, the Bank of Japan stepped in under the guidance of the Ministry of Finance and, though Read More JPY Intervention [...]
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Currency markets were relatively sideways in today’s trading, though the Japanese Yen strengthened as Asian and European equities were lower and that helped spur some move into the safe-haven Yen. The EUR/USD pair was flat throughout the session, unable to move above the 1.4655 level. The tentative Euro-zone deal on new Read More USD Stabilizes [...]
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FXstreet.com (C?rdoba) – The Japanese yen has soared to fresh 2-week highs against the Dollar and… For more information, read our latest forex news. Read More Forex JPY rises to 2week highs versus USD and EUR
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The Canadian dollar advanced versus the US dollar and the euro after crude oil gained. The currency fell against the Japanese yen on prospect of increasing tightening in China.(…)Read the rest of CAD Rives vs. USD & EUR on Rally of Commodities, Falls vs. JPY (125 words) Posted on Forex News. Read More CAD Rives vs USD dan EUR on Rally of Commodities, Falls [...]
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Japan Metal Bulletin reported that copper scrap market price decreased by around JPY 16 per kilogram in Tokyo and Osaka after Japanese official copper ingot price decreased by JPY 20000 to JPY 840000 per tonne on the day. The dealers try to hold the … 24 Vote(s) Read More Copper scrap price dawn by JPY [...]
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BoE Governor, Mervyn King, has repeatedly dismissed inflation risks as temporary, saying that government austerity measures and slow economic growth will … 26 Vote(s) Read More Daily Forex Summary on USD, Euro, GBP, JPY, AUD and CAD
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