The US dollar is holding mostly steady ahead of tomorrow’s decision from the Federal Reserve. While the dollar index is a little lower today, the greenback itself is trading mixed against its major counterparts.
September 15th, 2015 at 12:25
The Japanese yen gained today as the nation’s central bank refrained from expanding its already substantial monetary stimulus during its policy meeting. The currency gained even though analysts speculated that additional monetary easing is still in the cards.
September 11th, 2015 at 11:09
The Japanese yen paused its decline today but will likely end the week as the weakest among major currencies. The yen had limited support from Japanese macroeconomic data released during Friday’s trading.
September 09th, 2015 at 11:57
The Japanese yen continued to fall today, extending yesterday’s drop. The market sentiment continues to favor risky traders, making safety of the yen unneeded for investors.
September 08th, 2015 at 12:43
The Japanese yen dropped today even though economic data from Japan was better than economists’ expectations. Market analysts thought that the reason for the drop was the improvement of the traders’ sentiment.
September 04th, 2015 at 10:20
The Japanese yen rallied today as the Forex market is preparing for the release of US employment data. The currency gained even though economic data from Japan itself was not particularly good.
August 31st, 2015 at 13:12
Euro is gaining ground today, thanks to the fact that many Forex traders are treating the 19-nation currency like a safe haven. Euro is trading a lot like the Japanese yen right now, and that is leading to gains as concerns about the global economy, particularly in light of today’s performance in Asian markets, weigh on high beta currencies.
August 31st, 2015 at 10:19
The Japanese yen gained today against some of its most-traded peers, including the US dollar and the Great Britain pound, thanks to the surge of risk aversion on the Forex market following the conclusion of the Jackson Hole symposium.
August 28th, 2015 at 3:32
The Japanese yen fell for the second trading session against the euro and the Great Britain pound today. The currency has also dropped for three days versus the US dollar but paused the decline at the start of the Friday’s session.
August 27th, 2015 at 9:43
The Japanese yen dropped today as the market sentiment improved. There was a couple of reasons for this, including the rally of stocks and speculations about the possible timing of an interest rate hike from the Federal Reserve.