CURRENCIES : Yen Struggles Against The Dollar - 4 Traders
Gains for the dollar accelerated after the Bank of Japan in April formally announced a two-year easing campaign aimed at stimulating economic growth and defeating years of deflation. Yen weakness has helped bolster profit for many Japanese exporters ...
The Geppy To Inch Higher?
Hello everyone!!! My today’s pick in the forex market is the GBP/JPY...
Asian stocks mostly lower as BoJ meets; Nikkei up 0.04%
The Bank of Japan has enacted massive monetary easing measures to steer the country away from deflationary decline and more towards growth, with the yen plunging to lows against the dollar not seen since 2008. Hong Kong's Hang Seng fell 0.30% while the ...
Australian Dollar Outlook - 21 May 2013
The USD recent rally has been mainly driven by investor expectation the US Federal Reserve will soon end its economic stimulus program following such positive and encouraging US economic data. So it's expected that if Mr Benanke drops even the ...
Intraday Statement: JPY Recovery Lost Steam, Markets Consoli
Markets are relatively steady in thin holiday trading today. Yen recovered earlier today but there was no follow through buying so far. Dallas Fed Fisher said today that he saw the economy "picking up as they go through the year" and might even g
Elliott Wave Forecast: EUR/JPY - Buy at 131.35
Despite intra-day brief fall to 130.93, as the single currency found good support there and has rebounded, suggesting consolidation within 103.93-132.78 (last week's high) would be seen with mild upside bias for another rebound, however, break...
Ichimoku Signal Wrap-up: USD/JPY - Stand aside
Dollar's retreat after Friday's brief rise to 103.31 suggests a minor top is possibly formed there and consolidation below this level would take place with mild downside bias, below the Ichimoku cloud bottom (now at 102.49) would bring another te
Amari Comments Scare JPY Bears
Risk-on was the primary theme at the start of this week's trading, as regional Asian indices were green across the board. The Nikkei was up 1.47%, Shanghai 0.88% and the Hang Sang climbed 1.59% following last week's strong global equities perform
Euro And European Equities Diverging: Sign Of More ECB Action?
The euro/USD (FXE) broke down from a month-long trading range and drifted lower last week. At the same time, European ... April, the inflation rate was 1.2%. Inflation is the ECB's primary objective and it will likely need to act to ward off the threat ...
Trade Breakouts on the USD
The Dow Jones FXCM Dollar Index is a great asset used to determine USD direction. Today we will review trading breakouts with the current USD trend.The USD (US Dollar) has been having an excellent year of strength, advancing against most major
FX Outlook: The Week Of A USDJPY Pullback?
Of course, there was much else going on besides Canadian retail numbers, but with the CAD hovering at the big figure of 1.03, it could act as the catalyst to either break or bounce off of it. (Click to enlarge). In the wake of the U.S. Housing Starts ...
USD/JPY: Yen Bounces Back After Japan's Economy Minister's C
On Friday, the USD strengthened 1.03% against the JPY and closed at 103.19.In the Asian session, at GMT0300, the pair is trading at 102.69, with the USD trading 0.49% lower from Friday's close.


