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As the decision by the Reserve Bank of Australia and Bank of Japan highlights a change of direction in the monetary policies, the dollar went up against its major peers. The greenback advanced against the Japanese currency right after its biggest drop in 6 months as some economists forecast that the Bank of Japan would […]

The dollar saw a drop pushing the gauge of its strength down to a 4 year high among debates to when the Federal Reserve would raise interest rates just after a report of job gains last week showed gains had beaten forecasts by economists. The dollar weakened against most of the higher-yielding currencies. The biggest

The U.S. made a comeback after its 3 day dip against the yen only just before an American report that some of their economists say there has been an increase in employment in the last 3 months. An index forecast a 7 weekly gain making it the longest run since back in June 2010 as

A pointer to the dollar showed it dropped the most since June on the observation that it had risen too quickly over the past months and just before an American report to be released during the day highlighting the unusual nature of recovery of the economy. The kiwi on other hand rose as policy makers

Technical indicators showed that the rally was way too quick as the dollar pared its highest quarter gain since back in 2008. An indicator of the greenback against 10 major peers toped a record most bought level yesterday since back in 2005. The dollar currency climbing at least 1.7 percent versus all its 16 popular

The Japanese currency dropped further to a 6 year low against the dollar among signs of improvement for pension-fund reforms that form a part of the growth strategy of Minister Shinzo Abe who is Prime Minister. The yen dropped against 14 of 16 major peers after it was said by Yasuhisa Shiozaki, the head of

The Kiwi currency fell further to its ever weakest point over a year, now possibly the central bank looks to intervene. The dollar rising to a 4 year high among bets that the interest rates will be boosted by the Federal Reserve. The 0.4 percent fall by the New Zealand dollar against its 31 major

Technical indicators were signalling that recent losses were overdone by the dollar as the kiwi and the yen rallied against the U.S. This slowing the dollars impressive advance to its biggest quarterly gain in over three years. The greenback pausing its advance against its major counterpart’s right after William C. Dudley who is the President

The Aussie dollar strengthened its position recovering from a 7 month low after the news of Chinas expansion in the manufacturing sector this month. The help to the Aussie Economy was probably in correlation to China improved Purchasing Managers Index who is Australia largest trading partner. The Aussie rising versus 31 major counterparts. The Chinese

The yen’s decline threatens Japan with a fall into a recession reducing the purchasing power of common households and puts pressure on corporate profits it was said by a deputy governor of the Bank of Japan. In an interview held on September 19th in Tokyo, it was quoted by the deputy from 2003-2008, Kazumasa Iwata