Good day for dollar
Friday, 2 December 2011 07:54
USD up against all major currencies on Friday…
Read MoreEuro Changed Amid Eurozone Flash PMI
Wednesday, 23 November 2011 02:08
The euro was lower against most of its major counterparts on Wednesday, following data showing that manufacturing activity in the euro zone fell to its lowest level since July 2009
Read MoreGBP falls to five-week low against USD
Monday, 21 November 2011 04:26
GBP/USD extends losses as risk aversion increases
Read MoreBoJ Call Rate voted to remain the same at <0.10%
Friday, 20 May 2011 10:00
A couple of hours ago, the Bank of Japan executed its monetary policy statement voting that BoJ interest rates will remain at the same position as expected at 0 to 0.1%. Japan has been going through tough times ever since the big nuclear and tsunami disaster, one of the worst in the history; this happening weakened Japan’s economy. Housing market has gone down, export and import facilities have weakened drastically and the currency was seen struggling against its major rivals constantly while the tragedy occured.
Read MoreAussie and Yen fall after news releases
Thursday, 12 May 2011 11:23
After the news report the Japanese currency weakened contrasting the U.S Dollar and traded at USD/JPY 81.15 from 81.02. The pair is currently trading at 81.06, strengthening the yen slighty from the 13 pip fall.
The Australian Dollar also fell against the U.S Dollar after Australian news about jobless claims and employment change were released with a negative attitude; as opposed to what was expected. While jobless rates remained the same at 4.9%; employment change fell by a staggering 22.1K from an expected 17.6K.