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By David Goodman and Candice Zachariahs, Bloomberg |
May 21, 2013
The yen weakened against the dollar, halting its biggest gain in three weeks, after Japan’s Economy Minister Akira Amari backed away from weekend comments that prompted the currency to rally.
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By Anthony Lazzara |
May 15, 2013
The yen has sold off more than 3000 ticks since last fall, and we are projecting potential for a short term bottom at these levels.
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By Joseph Ciolli and John Detrixhe, Bloomberg |
May 9, 2013
The yen weakened beyond 100 per dollar for the first time in four years as the Bank of Japan’s deflation-fighting measures have the currency headed for its longest streak of monthly losses in almost two decades.
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By Marcus Holland |
May 9, 2013
The trend in the British pound is higher, as slightly better than expected economic news recently has kept the Bank of England off the accelerator as witness on Wednesday when the central bank met to decide the state of current interest rates.
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By Anthony Lazzara |
April 17, 2013
A disappointing earnings report from Bank of America is a main catalyst for the U.S. stock market sell off today.
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By Anthony Lazzara |
March 22, 2013
The Pound has had a big sell off this year, and once it dipped below $1.50, buyers came in to rebound it above that key level.
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By James Ramelli |
March 21, 2013
Since 2013 began, British Pound Futures have fallen from highs of above 1.63 to the lowest levels it has seen since 2010 at 1.4823. However, traders have seen the futures rally on recent comments.
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By Lucy Meakin, Bloomberg |
March 15, 2013
The pound advanced for a third day against the dollar after Bank of England Governor Mervyn King said policy makers aren’t trying to talk it down, damping speculation they are seeking a weaker sterling to spur growth.
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By Anthony Lazzara |
February 25, 2013
The U.S. dollar will continue to rally against its foreign currency peers, as the U.S. potentially winds down its recent QE activity, while other central banks around the world either continue it for longer or actually start-up QE policies of their own.
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By James Ramelli |
February 21, 2013
As the Bank of England (BoE) continues its efforts to push inflation back to its 2% target, the pound Sterling has fallen to near 31-month lows against the dollar. Use a put spread to define your risks vs. rewards.