By WSJ Staff With the yen hovering at around 88 yen against the dollar, speculation has mounted regarding possible intervention by Japan's finance ministry ...See all stories on this topic »
Japan's Finance Ministry Brings Back Two Forex Intervention Veterans
Source: blogs.wsj.com
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Cross action likely to dominate
Cable and AUD/USD are exactly where we left them yesterday but the EUR and JPY have been hurt on the crosses. EUR/GBP was a big mover but as I’m not short already, I’m not going to start chasing it. I have some strong support coming at .8490 (technicals to follow). My feeling with...
USD/JPY Consolidates With High Volatility Between our 2nd Tier Trend Lines
By Fast Brokers - The USD/JPY is exhibiting some interesting consolidative volatility while bouncing between our 2nd tier...
LMT Forex Formula In Action
Oops. I had in mind to post a screenshot of the LMT Forex Formula in action in my previous post (below this one) but forgot at the last minute before I published the blog posting. Anyways, I decided to start a new post rather than lengthen the previous one which was only intended to be a sort of...
FOREX-Dollar recovers some ground; Swiss franc falls
The dollar recovered on Friday from its declines the previous day on the back of solid U.S. growth figures, while the Swiss franc fell sharply on market jitters of suspected intervention. Traders said the market was nervous about intervention by or on behalf of the Swiss National Bank to keep the...
Fundamental Outlook at 1400 GMT (EDT + 0400)
By GCI Financial - The euro moved higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4140 level and...