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, […]
Yen equals the sharpest 5 week drop since 1995 Read More »
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,
Among likely Elections victory for Abe, the yen falls to 7 year low Read More »
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
Sales delay further pushes the yen to its 7 year low Read More »
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 Yen continues to near 7 year low Read More »
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
Yen continues its stumble to a 7 year low Read More »
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
Deliberation setting yen on a spin Read More »
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
Yen nearing a 7 year low Read More »
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
2nd day consecutive weakening of the dollar Read More »
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
Dollar keeps its upswing Read More »
