Extras

Yen drops again

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

Yen drops again Read More »

Yen nearing a 7 year low

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 »

Dollar keeps its upswing

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 »

Yen continues 7 year low

Although performing better the yen continued its 7 year low as trade moves showed that the currency fall below 115 per dollar had been a little too much. The Japanese 14 day index that measures its relative strength dropped to 20 earlier this week and continues below the 30 level that shows to some traders

Yen continues 7 year low Read More »