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By John Detrixhe, Bloomberg |
March 28, 2013
The euro gained the most this week versus the dollar as falling Spanish and Italian government bond yields signaled Cyprus’s banking crisis may be contained.
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By Andy Sharp and Keiko Ujikane, Bloomberg |
March 28, 2013
Japanese Prime Minister Shinzo Abe took power in December as confidence among manufacturers hit a three-year low. Now, as the yen weakens and stocks surge, sentiment is set to rebound by the most since 2011.
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By Emma Charlton and John Detrixhe, Bloomberg |
March 28, 2013
The yen rose versus a majority of its 16 most-traded counterparts as Cyprus’s banks reopened for the first time since striking a bailout deal that forced losses on some depositors, spurring demand for the safest assets.
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By Siddharth Philip, Bloomberg |
March 26, 2013
Ford Motor Co. Chief Executive Officer Alan Mulally said he’s concerned that the depreciation of the yen is bolstering the competitiveness of Japanese carmakers.
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By Emma Charlton, Bloomberg |
March 22, 2013
The euro rose from near a four-month low against the dollar amid speculation Cyprus is moving closer to a deal to stave off financial collapse and prevent contagion from infecting the rest of the region.
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By John Detrixhe and Anchalee Worrachate, Bloomberg |
March 14, 2013
The yen dropped to almost the weakest since August 2009 after the lower house of parliament endorsed Haruhiko Kuroda, an advocate of increased stimulus, as the next central bank governor.
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By Joseph Ciolli and Anchalee Worrachate, Bloomberg |
March 13, 2013
The dollar rose against most of its major peers after a report showed U.S. retail sales in February exceeded forecasts, bolstering optimism in the world’s largest economy.
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By John Detrixhe and Anchalee Worrachate, Bloomberg |
March 12, 2013
The yen rose for the first time in five days against the dollar as an opposition lawmaker said his party will oppose Bank of Japan Deputy Governor Nominee Kikuo Iwata, who the market sees as endorsing monetary policy easing.
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By Anthony Lazzara |
March 11, 2013
Recently, the U.S. dollar has rallied against several foreign currencies, including the pound, yen, Aussie dollar, Canadian dollar, and New Zealand dollar. Our first key resistance level for the NZD is .83 and then .8325.
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By John Detrixhe and Anchalee Worrachate, Bloomberg |
March 11, 2013
The dollar traded at almost the strongest since August 2009 versus the yen as signs the American economy is gaining momentum boosted demand for the U.S. currency.
