Maria Iacob

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 fall this month was overdone. The Aussie went up substantially […]

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 currency was close to the lowest level in 7 years

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 target set by policy makers. The yen climbed versus all its

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 president of the European Central Bank, Mario Draghi claimed

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 December when Mr Abe who is Prime Minister,

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 set for its highest close since back in 2009,

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 Bank of Japan kept unprecedented stimulus as Mr Shinzo goes into preparations to

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 other developed market counterparts. There are rumours of

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 2008 October against the 18 nation currency as

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