Greenback weakens against the euro and sterling.
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Currencies: U.S. dollar extends losses; CPI on tap
Currencies: U.S. dollar extends losses; CPI on tap
February 17, 2011 by Leave a Comment
Inflation Concerns Put Pressure on Pound Sterling
February 16, 2011 by Leave a Comment
Yesterday’s report that U.K. inflation continues to exceed the Bank of England’s 2% target rate gave some credence to investor speculation that a rate hike might soon be forthcoming.
Euro Recoups Some Losses but Remains Under Pressure
February 15, 2011 by Leave a Comment
In spite of recently recouping some earlier losses, the common currency Euro is expected to continue to be put under pressure; investors believe it is likely to remain within striking distance of the 3-week low struck yesterday.
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Euro Recoups Some Losses but Remains Under Pressure
US Dollar Slips on Profit Taking
February 14, 2011 by Leave a Comment
In Asian trading today, the U.S. Dollar slipped versus the Japanese Yen as exporters from Japan sold off their holdings and reaped the profits from the 83.50 Yen price.
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US Dollar Slips on Profit Taking
US Dollar Strikes 1 Month Peak against Yen on Labor Data
February 11, 2011 by Leave a Comment
The U.S. Dollar rose to a 1-month peak versus the Japanese Yen in Asian trading following the release of encouraging labor data from the U.S
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US Dollar Strikes 1 Month Peak against Yen on Labor Data
Euro Momentum Subsides as Markets Refocus on MPC Rate Outcome
February 10, 2011 by Leave a Comment
As market players finally acknowledge that the ECB, in all probability, will not be considering an interest rate increase anytime in the near future, the common currency Euro has fallen against the U.S. Dollar in Asian trading.
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Euro Momentum Subsides as Markets Refocus on MPC Rate Outcome
Safe Haven Swiss Franc Slips Broadly in Asia on China Rate Hike
February 9, 2011 by Leave a Comment
The safe haven Swiss Franc remains under pressure in Asian trading today, even as market players took yesterday's benchmark interest rate hike from China in stride.
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Safe Haven Swiss Franc Slips Broadly in Asia on China Rate Hike
Euro Higher Against Greenback, But Momentum Lacking
February 8, 2011 by Leave a Comment
Investor hopes were all but dashed for a rate hike from the ECB later this week following the release of lackluster data from the German industrial sector.
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Euro Higher Against Greenback, But Momentum Lacking
Euro Recoups Some Losses against the Dollar But Remains Under Pressure
February 7, 2011 by Leave a Comment
In Asian trading today, the common currency Euro recouped earlier losses against the U.S. Dollar, yet investors remain jittery following a rise in the yields on U.S. Treasury instruments.
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Euro Recoups Some Losses against the Dollar But Remains Under Pressure
Euro Remains Under Pressure but Focus Now Turns to US
February 4, 2011 by Leave a Comment
The common currency Euro is under pressure in Asia today following yesterday’s ECB policy meeting.
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Euro Remains Under Pressure but Focus Now Turns to US