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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 Stephen Kirkland and Pratish Narayanan |
May 15, 2013
The dollar index rose to the highest level in more than nine months amid speculation policy makers may curb stimulus.
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By Ari Altstedter, Bloomberg |
May 13, 2013
The Canadian dollar advanced versus the majority of it 16 most-traded peers after April retail sales unexpectedly rose in the U.S., Canada’s biggest trading partner.
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By Stefan Riecher, Bloomberg |
May 13, 2013
Euro-area data this week will probably reveal economic scars of the sovereign debt crisis confirming that the region is now suffering the longest recession since the single currency’s creation.
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By John L. Caiazzo |
May 12, 2013
Ambiguous employment data and rising inventories suggest roadblocks may emerge in recovery.
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By Marcus Holland |
May 10, 2013
Yen futures had moved to support levels against the dollar and had held support for the past few weeks as investors awaited an impetus to push the currency pair down to new levels. On a cash basis, the USD/JPY broke through 100 yesterday.
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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 Justin Pugsley |
May 9, 2013
There are growing signs that the Eurozone might be shifting away from its program of austerity. If that does prove to be the case, it is likely to be very supportive for risk currencies generally and risk assets such as commodities and equities.
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By Dan Gramza |
May 9, 2013
Th euro is looking for confidence from buyers, and Dan Gramza says the next couple of days will tell us a lot about that market.
