Market Review – 17/03/2011 20:30 GMT U.S. dollar rebounds strongly against the Japanese yen from a fresh record low ahead of G7 conference call The dollar rebounded strongly from a post-World War II low against the Japanese yen...
The USD/JPY sets its 16-year minimum today.
Asian traders instinctively perhaps Wednesday tried to be positive and this helped push up equity values in the bourses there. However today has started out on a negative foot once again as the crisis in Japan continues...
Huge volatility was witnessed yesterday, especially against the Japanese Yen. The Greenback has weakened by more than 500pips against the Yen during the U.S trade, before finally closing 200 pips lower. EURJPY cross also witnessed huge volatility...
The yen saw huge gains against virtually all of its main currency rivals just before the start of the overnight session, as the fallout from last week’s tsunami continue to boost the safe-haven currency. The USD/JPY fell...
Market Review – 16/03/2011 20:40 GMT The Japanese yen reaches record high on worsening Japan nuclear crisis The Japanese yen surged across the broad on Wednesday as the deepening Japan’s nuclear crises triggered heavy risk aversion. Usd/jpy pair...
EUR-USD It can be seen that the last candle stick supported on the level of 1.3860, however, produces Japanese pattern, which signifies the end of an uptrend. Due to this we believe that the break out of...
The USD saw its ranges get tested by the EUR on Tuesday. As equity markets declined globally on fears that transpired because of the Japanese crisis, currencies began to move off of their consolidated ledges. The price...
The US dollar corrected losses against most of the major currencies over the past few days, as data showed that global recovery might take longer than expected. This decreased risk-appetite in the market and turned investors to...
US Dollar remained strong during the Asian trading session and during most of the European trading session but has lost ground during the U.S trading session on the event of late recovery in the key index of...