The US dollar continued its upward movement today as yesterday’s statement of the Federal Reserve continues to force Forex traders to shun risk and to seek safety. The yen outperformed the dollar as a safe currency.
Volatility — News Archive
US Dollar Declines vs. Commodity Currencies on Signs of Recovery
The US dollar declined versus the higher-yielding currencies as the macroeconomic reports suggested that the economic recovery is underway, encouraging the investors to take more risk in seeking profits.
Yen Gains on Volatility and Concerns About Europe & China
December 01st, 2010 at 2:15
The Japanese yen surged on the concerns that Ireland’s bailout wouldn’t be able to contain the sovereign-debt problems from contaminating other European countries.
Currency Volatility Down at 2001 Value
June 30th, 2008 at 10:15
The currency market volatility fell to its lowest values since the second quarter of 2001, signaling that the central banks probably won’t interfere into the Forex trading to support the U.S. dollar.
Yen Falls on Risk Hungry Markets
November 20th, 2007 at 12:03
Japanese yen restarted its falling against other world currencies today (even against the dropping dollar) as the risk hungry investors begin to reenter carry trades. While the Nikkei 225 index gained a little more than 1 percent — first rising day after four consecutive losing days, Yen lost more than 1 percent of its value to the high-yielding currencies.
