December 2014

The U.S. currency kept its momentum to a 7th week gain when it rose above 120 yen on Thursday for its 1st time since 2007 July as economist in the U.S. estimated job growth has accelerated all the while Japan finds itself in a recession and the EU struggles on. The American dollar has climbed […]

The American currency is now only within 0.1 percent to reach 120 Yen making it the highest since back in 2007 July amidst predictions by analysts that American job growth will increase while recession will continue for Japan. A measure that tracks the American currency will be making its highest close in over 5 years.

The American currency kept its momentum to now be at a 7 year high versus the Japanese counterpart, this before data showing that economists claim will justify the case for higher rates of interest as policy eases in Japan and Europe. The dollar gained 0.1 percent from its prior highest in 2 years against the

It was amongst thoughts that the dollar’s climb had been too quick, that the currency came to a stall, this before American data that will show that job growth had slowed. The Aussie dollar came back when it almost reached its weakest in 4 years when the Reserve Bank held on to its benchmark at

The American currency climbed to 7 year high against the Japanese currency, this just before a forecast that would show that the American manufacturing had performed better than its global peers this further supporting the viewpoint for higher rates of interest for the largest economy in the world. The American currency furthered its gains versus