yen

Yesterday’s US inflation data spurred market expectations that the Fed will raise rates by 100 points at the end of July, although about a month ago, Powell called a 75-point increase abnormal. The revision in expectations for monetary policy of the US central bank again highlighted the...

Hi Forex Trader, I make my suggestions every day based on where I see the market heading over the next 24 hours. Use my analysis below to aid your trading and to help you keep on the right side of the market. My suggestions are posted by 6pm EST each day. For The Forex Trading Coach clients...

Hi Forex Trader, I make my suggestions every day based on where I see the market heading over the next 24 hours. Use my analysis below to aid your trading and to help you keep on the right side of the market. Overall there is strength in the GBP, with minor strength in the CAD and USD...

Hi Forex Trader, I make my suggestions every day based on where I see the market heading over the next 24 hours. Use my analysis below to aid your trading and to help you keep on the right side of the market. My suggestions are posted by 6pm EST each day. For The Forex Trading Coach clients...

USD remains stable On Friday the US dollar remained stable to higher against the other most important currencies, following the publication of the mixed U.S. trade and industry data, as anxiety over the management of the sovereign liability crisis in the Euro zone weighed on demand for...

US DOLLAR Dollar flounders - its biggest hit in 12 weeks Despite the fact that wide-ranging market circumstances are not favorable for maintaining the trends of US equities, as a benchmark for risk appetite, have floundered, the dollar has nonetheless suffered, its biggest hit in 12 weeks...

There are numerous reasons to be short the yen. Japan has demographic problem, a slumping economy seemingly headed for another recession, a record-high debt-to-GDP ratio, and recently a trade deficit, caused in part by the elevated level of the yen. There are other fundamental reasons to be...

Dollar USD peaks due to investment inflows The dollar reached a two month peak on Friday as it gained due to the inflows of investment to the U.S. dollar as it proves to be a safe haven in comparison to the other economically weaker currencies. The European debt crisis and the financial...

Dollar The dollar has been one of the weakest currencies this Thursday, as traders have decided to sell havens. There is a degree of risk appetite which is exclusive to the forex market this morning. The GBP/USD pair has risen 0.07 percent to $1.5852. The AUD/USD has climbed 0.06 percent to...

Dollar There is little demand for the dollar today on the ongoing debate over the concerns of the federal budget balance. The GBP/USD pair is up 0.09 percent at $1.5885. The USD/CAD has slumped 0.08 percent to 1.0012 Canadian cents. The USD/CHF is lower by 0.12 percent at 0.9462 Swiss francs...

Dollar The dollar is much stronger versus its peers today. This is as the demand for safe-haven currencies rises. There are mounting fiscal woes with regards to the U.S. economy. In addition, there has been no concrete agreement by European policymakers on how to rescue the Eurozone. All of...

Dollar USD in a largely strong state The concerns over the U.S. fiscal policy combined with the fears surrounding the European economy has made the US dollar a lucrative safe haven for the traders which is imparting strength to the currency much to the dismay of the government. The fiscal...

Dollar Dollar to stay strong The win for Obama may increase the trader’s appetite to take risks for the short term but along with it will raise the risk of a fiscal cliff. Although a fiscal cliff will hurt the US economy the dollar is expected to stay strong. The Federal Reserve’s open ended...

Dollar Dollar dips against major currencies The dollar is being affected by the air of uncertainty regarding the presidential elections which can be seen in its weak performance against all major currencies especially the Australian dollar. The Australian dollar was above the 1.04 mark...

Dollar USD up 0.23 percent against major currencies A strong dollar has made all the commodities more expensive for other currency buyers. The dollar rose above the Euro as the investors are in a bearish mode as far as the euro is concerned till positive news on the austerity package from...

Dollar USD to suffer from losses amounting to about 20 billion The world’s largest economy is likely to suffer from a short term, yet strong blow in the gut owing to the super storm that is engulfing it at the present. The storm struck on a working day forcing an emergency closure of all...

DOLLAR USD climbs against Taiwan Dollar The USD rose against the Taiwan dollar as it took a gain of about NT$0.3 and closed at the highest level of the day at NT$29.290. This came in as the intervention by the central bank stopped the losing streak of the greenback for the last three...

Dollar USD caps losses in yesterday’s trading The US Dollar capped losses for the entire day on Wednesday against all its competing currencies. One of the reasons for this was that Japan announced a round of monetary easing. The Japanese Yen therefore saw a rise. There was also the...