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Nov 27, 14 •
2476 Views •
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Maria Iacob
Comments Off on Dollar takes a drop for a 3rd day against the Yen
An indicator of if the American economic data is surpassing or falling behind forecasts, fell to its lowest point, when the dollar dropped for a 3rd day running. The Japanese currency climbed versus all but 3 of its peers as patterns of trading showed its...
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Nov 26, 14 •
2941 Views •
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Maria Iacob
1 Comment
The dollar from Australia was trading at 0.3 percent from its 4 year low, this just after the Deputy Governor Philip Lowe of the central bank yesterday claimed the Aussie could likely fall even further to the point of the commodity export prices. The Japanese...
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Nov 25, 14 •
2624 Views •
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Maria Iacob
Comments Off on Yen makes a small comeback
Amidst feeling that the yen’s decline has been overstretched, the Japanese currency made its rebound from a near 7 year low against the dollar. The Governor of the Bank of Japan, Haruhiko Kuroda claimed the economy is set to attain the 2 percent inflation...
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Nov 24, 14 •
2492 Views •
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Maria Iacob
Comments Off on Euro nearing 2 year low
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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Nov 21, 14 •
2315 Views •
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Maria Iacob
Comments Off on Yen equals the sharpest 5 week drop since 1995
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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Nov 20, 14 •
2365 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 •
2519 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 •
2451 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 •
2592 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 •
2593 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...