BoJ Concludes Policy Meeting, Yen Little Changed
The Japanese yen traded sideways today, attempting to rise after the Bank of Japan concluded its September policy meeting and left monetary policy unchanged, refraining from additional easing.(...)Read...
View ArticleUS Dollar Little Changed After Central Bank Announcements
Forex traders have been waiting for central bank data all week, and it is in. The data has offered little in the way of changes for the US dollar, although the greenback has a slight edge. The US...
View ArticleEuro Mixed as ECB Considers Lower Rate
Euro is mixed today, thanks to comments made by Mario Draghi following the latest ECB meeting. Concerns about the strength of the economic recovery in the eurozone are weighing on the 17-nation...
View ArticleMore Government Spending Expected as Tokyo Gets the 2020 Olympics
Yen is weaker today following the announcement that Tokyo has been selected to host the 2020 Olympic Games. Many expect that this will lead to more government spending, as a great deal of...
View ArticleData Weighs on US Dollar
Data continues to weigh on the US dollar today. Greenback plunged Friday after the unemployment report for August, and today’s performance is lower as other currencies make a stronger showing, backed...
View ArticleYen Drops on BoJ Minutes & Easing Concerns for Syria
The Japanese yen fell today after the Bank of Japan released the minutes of its August policy meeting and as tensions about the situation in Syria eased, reducing demand for safe assets.(...)Read the...
View ArticleSafe Haven Demand Helps Japanese Yen
Japanese yen is gaining ground today as risk aversion makes an appearance and low beta currencies are sought for their safe haven qualities. With concerns over the possibilities in Syria, and with...
View ArticleGeopolitical Issues Give Yen a Boost Against the Dollar
Yen is trading mostly higher today, strengthening against the greenback as geopolitical issues take center stage. With a national holiday closing markets in Japan, there is little that can be done...
View ArticleYen Experiences Massive Sell-Off
The Japanese yen experienced a massive sell-off as Forex traders felt no need for the safe currency in the trading environment that was favorable to risky investments. The currency slumped even against...
View ArticleEuro Gets Help from Improved Morale
Euro is getting a little help today, thanks to improved morale in the eurozone. Even though the 17-nation currency is struggling against the US dollar, the euro is higher against some of its other...
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