November 2014

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 regards to a raise in the levy. A slide set […]

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 with the idea of an intervention. The Japanese currency

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 gain by the Yen after it was said by Yoshihide Suga who

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 fell against the Japanese currency after it reached a 7 year

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 unprecedented 7 year high this after Hauhiko Kuroda Governor of

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 continues below the 30 level that shows to some traders

On a comment by Kuroda the Japanese currency took a dive versus the dollar as the Governor Haruhiko Kuroda of the Bank of Japan claimed he saw no limitations to the steps the BOJ would take to battle deflation. The yen dropped against 16 peers lengthening losses since the bank of Japan without warning alleged

A dollar gauge was 0.2 percent up from the highest close. This since 2009 April on thoughts of jobs as well as manufacturing data will give justification for the raising of interest rates by the Federal Reserve next year. The Kiwi went up when the Reserve Bank held on to its benchmark rate unperturbed and

The greenback climbed to its highest in 7 years versus the yen on observations that the Federal Reserve is gearing up to increase interest rates. The major Bank in Japan and the main European Central Bank are adding to stimulus. The Dollar climbed against its major 16 peers just before reports earlier that economists are