Market Review – 18/03/2011 20:16 GMT G7 jointly intervenes to weaken the Japanese yen The greenback rallied against the Japanese yen on Friday as Group of Seven rich nations carried out the first coordinated intervention since 2000 following...
The GBP/USD currency pair failed again to break the support level 1.5980, to rebound up further. Nevertheless, the viewpoint at the pair is still bearish.Earlier on a 4-hour graph the GBP/USD has formed a Dark Cloud Cover...
Investors like clarity, traders like volatility and it is traders that have seen their wish fulfilled this week. International news continues to dominate the landscape. The JPY lost ground to the USD in trading late last night...
The Group of seven industrial nations has agreed on Thursday evening to stage a coordinated currency intervention in order to weaken the Japanese currency. As a result, the yen fell about 150 pips vs. the U.S. dollar...
Huge volatility is witnessed in the Japanese Yen vis-à-vis most of the currency pairs, especially against the Greenback and the Common currency. Volatility may continue till the economic impact of tsunami which leveled northern Japan on March...
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...
