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    Euro nearing 2 year low

    Nov 24, 14 • 405 Views • Extras No Comments

    The 18 nation currency is close to a 2 year low against the American counterpart this just before a report that economists claimed that this showed business confidence had fallen over the prior 7 months. The euro fell versus most of the major peers when the...

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    Yen equals the sharpest 5 week drop since 1995

    Nov 21, 14 • 352 Views • Extras No Comments

    This news coming after Japan’s Taro Aso, who is the Finance Minister, claimed that the yen had fallen too fast. The yen dropped against all 31 peers with the exception of 1 this week before the country holds an election for the lower house coming up in...

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    Among likely Elections victory for Abe, the yen falls to 7 year low

    Nov 20, 14 • 313 Views • Extras No Comments

    The yen fell to 7 year low against the U.S. currency among the possibilities of Shinzo Abe, the Prime Minister, winning elections and continuing his economic stimulus program. The Yen kept its fall against all but 1 of its 16 major peers. A dollar gauge was...

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    Sales delay further pushes the yen to its 7 year low

    Nov 19, 14 • 335 Views • Extras No Comments

    The Japanese currency fell to its 7 year low against the U.S. currency when Shinzo Abe, Japan’s Prime Minister, asked for an earlier election and adjourned a prearranged sales tax hike. The Japanese currency fell versus its 16 counterparts this after the...

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    The Yen continues to near 7 year low

    Nov 18, 14 • 360 Views • Extras No Comments

    On Speculations that Abe is going to delay increases in Tax, the Japanese currency traded 0.4 percent from a 7 year low versus the U.S. currency on today’s announcement. The yen took a fall of 7.1 percent over the last month which is the most against 10...

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    Yen continues its stumble to a 7 year low

    Nov 17, 14 • 356 Views • Extras No Comments

    The Japanese currency went up just after it dropped to a 7 year low versus the dollar as a need for a safer haven gave revival to the currency after a report showed the Japanese economy fell into recession. The Yen strengthened from its lowest point since...

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    Deliberation setting yen on a spin

    Nov 14, 14 • 327 Views • Extras No Comments

    Shinzo Abe’s pondering over the sales tax are causing uncertainty for the 2nd most traded currency pair. The yen touched its 7 year low just before it regained and then only to again to weaken as investors tried deciphering the signs of some politicians in...

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    Yen drops again

    Nov 13, 14 • 328 Views • Extras No Comments

    The Japanese currency slid towards a plausible 7 year low on thoughts that Shinzo Abe, the Prime Minister of Japan, has decided to ask for a quick election. The Aussie dollar dropped when an official of a Reserve Bank claimed policy makers have not done away...

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    Yen nearing a 7 year low

    Nov 12, 14 • 315 Views • Extras No Comments

    The Japanese currency traded at 0.4 percent near its 7 year low against the American currency on assumptions that Shinzo Abe, who is Japan’s prime Mininster, is thinking to dissolve parliament just before it postpones a sales tax increase. There was a brief...

  • dollar_drop_250x180

    2nd day consecutive weakening of the dollar

    Nov 10, 14 • 339 Views • Extras No Comments

    After a strong run, the dollar fell for a consecutive 2nd day after it has revealed by the October payrolls growth to be lower than was forecast by economists leading traders to reduce their bets for an earlier interest rate increase. The American currency...