US Unemployment Claims may Boost Dollar
February 8, 2012 4:17 pm by Dan EduardThe US dollar spent much of the day today range trading against most of its main currency rivals, including the euro, British pound and Swiss franc. Traders were hesitant to bet against the greenback ahead of possible news on ...
USD/JPY Continues to Make Gains
February 7, 2012 3:55 pm by Dan EduardThe US dollar extended its recent bullish run on the Japanese yen today, with the pair reaching as high as 76.85 before staging a slight reversal. In addition to a positive US jobs report from last week, the pair’s ...
Dollar Remains Bullish to Start off Week
February 6, 2012 7:06 pm by Dan EduardThe US dollar was able to extend the boost it received late last week during trading today, as negative euro-zone news fueled risk aversion and sent investors to the safe-haven greenback. Greece’s inability to reach a debt-swap agreement with ...
USD Turns Bullish Following EU News
January 25, 2012 4:43 pm by Dan EduardThe US dollar had a particularly strong day today following negative news out of both Japan and the euro-zone. News that Japan has logged in a trade deficit for the first time since 1980 caused the USD/JPY pair to ...
EUR Sees Mild Gains in Overnight Trading
January 17, 2012 9:28 am by Dan EduardThe EUR saw mild bullish movement during the overnight session, as a better than expected Chinese GDP figure boosted appeal for riskier assets. While the currency is still overwhelmingly down against its main rivals, the Chinese data provided it ...
Japanese Unemployment Falls 0.2% in October
October 28, 2011 3:17 pm by Greg HoldenA surprise indicator from the Japanese economy this morning revealed an employment sector growing modestly through the autumn months. Expectations were for a worsening of the unemployment situation in Japan due to the decline in manufacturing and industrial production lately.
BOJ Intervention Expected, Yen Trading Higher in Interim
August 22, 2011 2:58 pm by Greg HoldenInvestors are beginning to anticipate another round of market intervention by the Bank of Japan (BOJ) this week due to the unyielding rise in the value of the yen (JPY) these past few weeks. The move will need to be ...
Japanese Spending in Sharp Decline
April 28, 2011 8:16 pm by Greg HoldenThe Japanese economy rarely publishes enough data to drive the direction of its foreign capital flows. That being said, this morning’s unusual string of data out of the island economy has filled in several numerical gaps in our analysis.
EUR Rises on All Fronts
March 25, 2011 7:50 am by Anton EljwizatThe EUR experienced one of its most bullish trading days in recent weeks on Thursday. The EUR made significant gains against many of its most traded currency pairs, such as the GBP, JPY and USD.
German Factory Orders May Support EUR Today
March 8, 2011 5:30 am by Anton EljwizatThe Japanese yen experienced one of its most bullish trading days in recent weeks yesterday. The JPY made significant gains against many of its most traded currency pairs, such as the GBP and CHF.
