The Japanese currency fell today versus the 6 main traded currencies in foreign-exchange markets after the nation’s financial authority followed the global trend among wealthy nations and ruled out rate hikes for the short-term future, declining attractiveness for the Asian currency.(…)Read the rest of Yen Falls on BOJ Low Rates Policy (141 words)
Posted on Forex News. Read More Yen Falls on BOJ Low Rates Policy
Related [...]
Posted in Forex | Tagged boj, falls, low, on, policy, rates, yen
The Japanese Yen weakened against the greenback for the third day, with the exchange rate pushing to a high of 90.26, while the Australian dollar remains the worst performing currency against the greenback as the exchange rate slipped below the 100-Day SMA (0.8848) to a fresh monthly low of 0.8847.
Read More Japanese Yen Continues [...]
Posted in Forex | Tagged amongst, australian, continues, dollar, ground, japanese, lose, majors, remains, the, to, weakest, yen
The Japanese yen continued to grow against the other major currencies for a third day today even after the worse than expected GDP data was released in Japan, as the risk-aversion still remains popular in the markets.(…)Read the rest of Yen Advances Despite GDP Growth Slowdown (136 words)
Posted on Forex News. Read More Yen Advances Despite GDP Growth Slowdown
Related PostCanadian Dollar Advances on GDP FiguresYen Gains [...]
Posted in Forex | Tagged advances, despite, gdp, growth, slowdown, yen
Risk aversion rose today favoring the Japanese currency after a U.S. gross domestic product report indicated a slow down in the quarterly growth, creating speculations that the nation’s recovery will take longer than expected, attracting investors to safer bets.(…)Read the rest of Yen Gains on U.S. Mediocre GDP Number (69 words)
Posted on Forex News. Read More Yen Gains on US Mediocre GDP [...]
Posted in Forex | Tagged gains, gdp, mediocre, number, on, us, yen
