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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

Yen took a fall and 2 year government bonds yields of Japan fell below 0, this after data revealed household expenditure dropped and inflation reduced. 1.6 percent was the number for the monthly loss for the Yen versus all its 16 counterparts amongst thoughts the Bank of Japan would continue growing stimulus. The 18 nation

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