As Asian bourses moved lower yet again, the JPY continued to find momentum and gain on the USD. The Japanese economy remains mired in troubled waters, but this has not stopped investors from using the Yen as...
U.S. investors were given a day to rest on Monday in lieu of the Independence Day celebrations. The break from the markets may have been welcomed by many who have felt rather beleaguered the past week or...
ECB President Jean Claude Trichet has made his voice heard the past few days as he has tried to paint the EUR picture with bright brushstrokes. The EUR has enjoyed more stability the past week of trading...
Under the auspice of strong austerity measures and the promise of more to come from the ruling government coalition, the GBP has found the ability to gain against the USD.
The JPY is establishing a strong safe haven trend and is at seven month highs against the USD. Asian bourses have largely continued their negative turn as Japanese equities have struggled.
The USD continued to trade near the lower parts of its range versus the major currencies on Friday and this took place on the heels of a poor Non Farm Employment Change number. The U.S. is on...
The USD lost ground to both the EUR and GBP on Thursday in a broad market place that is showing signs of unrest. The weekly Unemployment Claims yesterday were negative, along with the Pending Home Sales and...
The EUR gained on Thursday against the USD and the question that must be asked – is why? Only Final Manufacturing PMI data was released yesterday and it proved lackluster.
The Sterling was able to regain its lost ground on Thursday overcoming a pair of rather lackluster sessions. Manufacturing PMI was released yesterday and it came in slightly below expectations and under the previous month’s result.
The JPY remained at the upper reaches of its strong move against the USD on Thursday. Asian bourses continued to trade in negative ranges as equities internationally found a tough path.
