tag archive - ‘euro’

Yen Continues To Weaken

Yen Continues To Weaken

David Sumner | 09:30 | 19/02/13
The Yen continued on a downward trend as online Forex reports showed that the G-20 abstained from censoring Japan’s policies which contributed to the drop of the Japanese currency. The Yen traded at the lowest rate against the U.S. Dollar ...
Sophie J. Fletcher

iFOREX Daily - February 19, 2013

Sophie J. Fletcher | 08:56 | 19/02/13
The U.S. Dollar gained against most of the majors during thin holiday trading, especially as speculators pre-positioned themselves in anticipation of several important events including the upcoming Italian elections and important economic data set to be released by Spain and ...
Yen Worst Performer On The Forex

Yen Worst Performer On The Forex

David Sumner | 08:45 | 18/02/13
The Yen extended losses, becoming the worst major performer for the last six months, after the Group of G-20 abstained from criticizing Japan’s monetary policies. According to reports, the language of the G-20’s communique didn’t mimic the sentiments of the ...
Sophie J. Fletcher

iFOREX Daily - February 18, 2013

Sophie J. Fletcher | 08:20 | 18/02/13
The U.S. Dollar traded mixed, but it gained against the Yen, the Euro and the Canadian Dollar as the summit of G-20 concluded. Reports showed that officials abstained from criticizing Japan for its recent actions which led to the currency’s ...
Sophie J. Fletcher

iFOREX Daily - February 15, 2013

Sophie J. Fletcher | 08:30 | 15/02/13
The U.S. Dollar gained against the majority of its peers and rallied versus the Euro after official reports showed that the recession in the Euro region deepened more than predicted, a factor that reduced demand for Euro assets and raised ...
Euro Affected By Jobless Rate

Euro Affected By Jobless Rate

David Sumner | 08:45 | 14/02/13
The Euro declined against the majority of its exchange peers following reports confirming that Portugal’s unemployment rate climbed the most in the Euro monetary bloc’s history, and as markets anticipate the release of gross domestic data which is expected to ...
Sophie J. Fletcher

iFOREX Daily - February 14, 2013

Sophie J. Fletcher | 08:20 | 14/02/13
The U.S. Dollar rallied against the majority of its peers as market investors await the outcome of the G-20 meeting set to take place in Moscow this Friday. Talks about weakening currencies were dampened by the release of solid U.S. ...
G-7 Expressed Concerns Over Yen

G-7 Expressed Concerns Over Yen

David Sumner | 08:50 | 13/02/13
The Yen rallied against the U.S. Dollar after the Group of Seven Industrial Nations indicated that they were concerned about drastic moves made by the Japanese currency. Officials added that market investors had misinterpreted previous statement by the G-7 suggesting ...
Sophie J. Fletcher

iFOREX Daily - February 13, 2013

Sophie J. Fletcher | 08:40 | 13/02/13
The U.S. Dollar weakened against most of the majors after the Group of Seven deferred concerns over serious issues and set investors at ease by reiterating their commitment to a “market determined” currency exchange. However, the G-7 expressed concerns over ...
Euro Not Necessarily Overvalued

Euro Not Necessarily Overvalued

David Sumner | 09:29 | 12/02/13
The Euro rallied versus the majority of its counterparts after European Central Bank council member, Jens Weidmann, commented that the shared currency doesn’t appear to be “seriously overvalued.” The 17-nation currency extended gains against the U.S. Dollar after Mr. Weidmann, ...
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