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 ...
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 Takes A Hit After Bernankes’ Speech
March 26, 2012 8:30 pm by ElliotThe dollar fell and the euro hit its highest point in almost 4 weeks after Federal Reserve Chairman Ben Bernanke voiced some doubts regarding the pace of job creation in the United States, this could perhaps mean that the central ...
Euro Takes A Hit whilst Dollar & JPY Strengthen
March 22, 2012 3:23 pm by ElliotMore negative news for the Euro-zone as the Euro weakens against the Yen and the Dollar. The Euro took a slide due to an index of the euro -area manufacturing and services which contracted for March,more than then expected.The Euro-zone ...
Golden Week Holiday Removes Japan from Market Liquidity
April 29, 2011 4:49 pm by Greg HoldenToday kicks off the beginning of Golden Week in Japan with the observance of Showa Day, previously celebrated as the Emperor’s Birthday. As a series of back-to-back holidays, Golden Week is a busy tourist period in Japan that leaves the ...
Sterling Trading Higher After GDP Data as All Eyes Turn To Bernanke
April 27, 2011 2:39 pm by Russell GlaserThe pound is the best performer on the day after the Q1 GDP data while the yen is down. All this leads up to the US interest rate announcement and the inaugural Fed press conference with Chairman Ben Bernanke to ...
USD Unlikely to Extend Gains with Trade Balance Figure
April 12, 2011 6:26 am by Dan EduardYesterday saw a mixed trading session for both the USD and CAD. While both recorded gains against the British pound throughout the day, the yen was able to develop serious bullish momentum in overnight trading, and took in well ...
Yen Slides after G7 Decides to Intervene in Yen’s Trading
March 18, 2011 7:24 am by Anton EljwizatThe Japanese yen continues to dominate economic news. After several days on which the yen appreciated on all fronts, the Group of seven industrial nations has decided to aid Japan by actively intervening in yen’s trading.
News Out of Japan Continues to Dictate Market Movement
March 17, 2011 7:23 am by Anton EljwizatThe USD/JPY fell to a record low during the start of the overnight session, as the aftermath of last week's devastating earthquake and tsunami in Japan continue to generate extreme volatility in the marketplace. The pair dropped over 300 ...
