The yen managed to rise against all of its 16 major counterparts in Asian Tuesday trading, increasing its appeal to investors as a safe-haven currency, especially after a sell-off in emerging markets.
Markets are in a stand-by position on Wednesday as investors are waiting the highly anticipated Fed’s meeting with its main highlight- a possible decision on the future of the U.S. asset-purchase programme.
This morning the dollar is expanding its decline from yesterday, when it reported another weak session. The reasons behind the greenback’s fast drop lay in the Japanese stock market‘s decline and the uncertainty surrounding the Fed’s stimulus...
On Wednesday the US dollar is trying to offset its heavy losses against the yen seen yesterday. On Tuesday the greenback was subjected to massive sell-offs in favour of the yen after Japan’s central bank refrained from...
The US dollar is slightly changed from its yesterday’s drop against major currency counterparts, following disappointing labour market data. The greenback fell against the euro to an intraday low of $1.3116 on Wednesday, decreasing even further this...
The dollar climbed against most of its major currency counterparts in early Tuesday session on traders’ expectations for an improved Consumer Confidence and House Prices due for publishing today.
EUR/USD- After relatively steady start of the trading day, the euro fell sharply against the dollar, briefly plummeting below the 1.30 mark ahead of Eurogroup finance minister meeting later in the day. The single currency managed to...
Economic news (2 April 2013)-The Australian dollar rose against most of its major counterparts, including the greenback, after the Reserve Bank of Australia left the cash rate unchanged at 3% on Tuesday, as was widely expected by...
Economic news (26 March 2013) – The Australian dollar climbed to almost a two-month high against its US counterpart during yesterday’s trading, following the eagerly-anticipated Cyprus bailout deal. The Aussie managed to keep the gains accumulated last...
Economic news (20 March 2013) – The dollar edged up against most of its major counterparts in early Asian trading on Wednesday as it extended its gains from yesterday, ahead of the end of the Fed’s policy...
