US Dollar surges against the Yen
Monday, January 18, 2010 The Asian market in its Monday session saw the Dollar surge against the Yen. The trend seemed to carry over from Friday’s session in the North American markets where the Dollar strengthened from 91.02 yen to 90.84 yen. Early Asian trading saw the USD/JPY rising 0.15% so far on Monday from [...]
¥en sees a rise; Dollar slump may be short-lived
The Yen rose today on a positive note against all major currencies, including the Euro, Pound and the Swiss Franc, not to mention the US Dollar, against which it rose to about 92 in morning trade, as forex traders cut their holdings in the Dollar. The Japanese currency rose against nearly every major currency as [...]
Dollar and Yen floating aimlessly on new year’s eve
The US Dollar floated today near its 16-week highs due to a generally weak Yen. Due to the holiday, low volume of trading in the forex markets along with general weakness in the Yen, contributed to keeping the Dollar up near its highs and the Yen languishing. The Yen has been weighed down lately on [...]
The Yen on a steep upward climb
November 12, 2009, 1217 GMT The JPY is edging higher in today’s trade against all major traded currencies and it may just be on the way to test the 14-year high as the global economy is looking like it will bottom out the second time this year after a brief rally. It could be an [...]
Yen Heads North on Speculation of Slower Global Recovery
Wednesday, October 28, 2009, 10:49 GMT JPY is headed north after news suggested that the demand for high yielding assets will reduce as the global economic recovery will take more time than anticipated. Coupled with the consensus that the rally of global stocks and commodities, which started 6 months back, will not sustain for too [...]
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