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Nov 20, 14 •
2350 Views •
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Maria Iacob
Comments Off on Among likely Elections victory for Abe, the yen falls to 7 year low
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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Nov 19, 14 •
2507 Views •
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Maria Iacob
Comments Off on Sales delay further pushes the yen to its 7 year low
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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Nov 18, 14 •
2438 Views •
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Maria Iacob
Comments Off on The Yen continues to near 7 year low
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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Nov 17, 14 •
2579 Views •
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Maria Iacob
Comments Off on Yen continues its stumble to a 7 year low
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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Nov 14, 14 •
2581 Views •
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Maria Iacob
1 Comment
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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Nov 13, 14 •
2334 Views •
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Maria Iacob
Comments Off on Yen drops again
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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Nov 12, 14 •
2230 Views •
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Maria Iacob
Comments Off on Yen nearing a 7 year low
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...
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Nov 10, 14 •
2369 Views •
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Maria Iacob
Comments Off on 2nd day consecutive weakening of the dollar
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...
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Nov 7, 14 •
2473 Views •
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Maria Iacob
Comments Off on Dollar keeps its upswing
The dollar continues its biggest gain in over 16 months, this just before a report by the U.S. government showed that employers added more jobs than the yearly average in October. The American currency is set for its highest point against the Yen in an...
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Nov 6, 14 •
2253 Views •
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Maria Iacob
Comments Off on Yen continues 7 year low
Although performing better the yen continued its 7 year low as trade moves showed that the currency fall below 115 per dollar had been a little too much. The Japanese 14 day index that measures its relative strength dropped to 20 earlier this week and...