Dollar Advances on Outlook for US Economy; Aussie Drops on China Data
The yen was headed for a weekly decline against 15 of its 16 most-traded counterparts on prospects the Bank of Japan will lag behind its counterparts in raising interest rates as it struggles to lift the economy out of recession. ...
USD/JPY Daily Asia Outlook 07/13
(Dow Jones via #eFXnews.com)USD/JPY - to consolidate with bearish bias after hitting nearly 4-month low of 78.48 on EBS overnight. Undermined by flows to safe-haven yen, unwinding of JPY-funded carry trades amid
G20/IMF to Address China; May Push Down on USD
The reprieve from international skepticism helped alleviate international pressures on the JPY, allowing many investors to shift direction in their portfolios heading into the early Asian session today. Discussions about a future intervention by the ...
The Kiwi continues its upside movement versus the Greenback
On the other hand, the Australian dollars strengthened versus its US counterpart after the Federal Reserve signaled interest rates will remain near zero to stimulate economic growth. The Australian dollar continues its incline against the greenback, ...
RESEARCH: Interest rates are the strongest drivers of GBP/JPY
FxWire Pro by IBTimes is a fast-growing professional grade real-time Forex Newsfeed service providing forex traders with a comprehensive overview and insight of the global currency markets in real time. The service is built on IBTimes' global backbone ...
European Opening View - Positive start for metals as bargain ...
Currency flows proved mixed across the day with the Dollar Index trading up 0.4% around the US opening before easing across the rest of the day to settle down 0.2%; EUR/USD closed up 0.2% & EUR/JPY 0.45%. Equities have extended their gains this morning ...
India Forex s technical outlook on currencies
USD/JPY: Yen is currently trading at 77.05. Yen depreciated as a correction was due after days of appreciation in the USD/JPY pair and it also depreciated on concerns of possible Japanese government intervention. Support is seen at around 76.29 levels ...
Euro Found Additional Buying Support
The dollar strengthened during European trading on Friday with a brief move to near 1.3550, but it was unable to sustain the advance and weakened back to the 1.3620 area.
Dollar Continues To Weaken As Investors Seek Higher-Yielding Assets
The dollar fell about 100 pips vs. the euro, and the EUR/USD pair crossed the 1.38 level for the first time in almost three weeks. The dollar also fell about 150 pips against the Japanese yen. The dollar weakened last week after several economic ...
India knocks Japan's doors to arrest fall in rupee
... reports CNBC-TV18's economic policy editor, Siddharth Zarbai. CNBC-TV18 had reported a few weeks back that there are several steps in the offing to battle the sharp fall in the Indian rupee. It is now learnt that an enhanced dollar swap facility ...
Market factors to watch - Jan 12
... Europe woes > Gold hits 1-month high, breaks ranks with euro ---------------MARKET SNAPSHOT AT 0000 GMT ---------------- INSTRUMENT LAST PCT CHG NET CHG S&P 500 1292.48 0.03 0.40 USD/JPY 76.86 -0.01 -0.01 US 10YR 1.91 0.20 0.00 SPOT GOLD 1642.19 ...
EU Morning Report- Reserve Bank of New Zealand keeps interest rates on hold
The Australian dollar remains firm against the dollar as higher inflation data may indicate a interest rate hike. Against the greenback, the Aussie is trading near a 28-year high at 1.1079 and the pair was last trading at 1.1038. ...


