Yen Slides Against Majors Whilst Canadian Dollar Climbs
April 17, 2012 6:09 pm by ElliotTuesday's trading saw the Japanese Yen decline versus most of its Major currency counterparts including the Euro and the U.S Dollar. The fall in the Yen was due to a report out of Germany indicating a rise in investor confidence ...
Euro Gains After Hitting 2-Month Low Versus U.S Dollar
April 17, 2012 4:07 am by ElliotMonday's trading saw the 17-nation currency correct its losses as it traded up versus most of its Major currency counterparts including the U.S Dollar. However, new concerns over the economic stability of both Spain and Italy will continue to affect ...
Euro Weakens Ahead of Spanish Bond Auctions
April 16, 2012 4:13 am by ElliotDuring the Asian trading session, the 17-nation currency weakened against its major currency rivals prior to tomorrows expected auctioning of Spanish Bonds.
Euro Slides As Debt Crisis Intensifies
April 13, 2012 4:14 pm by ElliotThe Euro experienced a loss versus the U.S dollar during Friday's trading as concern deepens on the European debit crisis. The weakening Euro was due to speculation surrounding the ECB, and whether it will be required to re-start its Government ...
U.S Dollar Weakens Over Jobless Claims
April 12, 2012 3:48 pm by ElliotThe U.S dollar experienced further declines after a report regarding jobless claims produced figures of 380,000. the Jobless claims report is one that involves individuals who filed for unemployment insurance for the first time during the previous week.
Sterling Up After Positive Retail Sales
April 11, 2012 11:13 pm by ElliotThe British Pound made gains over the U.S dollar after seeing good results in retail sales for the month of March. The pound also made gains versus the Yen for the first time in six days as Spanish bonds and European ...
Bullion Market Update
April 11, 2012 12:06 pm by ElliotBoth gold and silver have recently enjoyed some gains whilst other markets including U.S Stocks and energy commodities moved in the opposite direction.The energy markets as well as U.S Stocks are closely connected to precious metals, and therefore it is ...
JPY Makes Biggest Gains Of The Majors
April 11, 2012 1:33 am by ElliotTuesday's trading saw big moves for the Japanese currency as it appreciated more than any other Major counterpart.
Yen Makes Gains Versus U.S Dollar
April 10, 2012 11:10 am by ElliotThe Japanese Yen made gains over the greenback early Tuesday as the Bank of Japan decided to keep its rate on hold between zero to 0.1% and withstood to mention anything regarding further policy easing.
Dollar Weakens After NFP Data
April 9, 2012 8:51 pm by ElliotDuring Monday's trading, the U.S dollar dropped points against the Euro as a result of a poor labor report from the U.S regarding employment in the nation. The highly anticipated Non-Farm Payroll report which is released on the first Friday ...