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 ยป
Japan's Finance Ministry Brings Back Two Forex Intervention Veterans
Source: blogs.wsj.com
Read more...
Daily Forex Outlook - USD continues to buckle
US Dollar Trading (USD) felt more pressure as investors continued to pressure the Dollar on the back of more rumblings from Asian disquiet with US debt. ... See all stories on this...
JPY buying into the fix
As I wrote earlier, normally one sees USD buying and JPY selling on the 10th of the month but today we are seeing the opposite with JPY buying pushing the USD/JPY to a session low at 97.17 and EUR/JPY to 136.70. Not much in the way of bids until 96.60 in USD/JPY I’m told, but it is doubtful...
China May Consumer Prices -1.4%, Producer Prices -7.2%
China’s consumer prices fell 1.4% yoy in May, the fourth consecutive month of deflation. Expectations were for a fall of 1.3%. China’s producer prices fell 7.2% in the year to May, much greater than the forecast of 6.8%. However most economists are relaxed about the fall, seeing it as a...
USDJPY trades higher
USDJPY has overcome the offers at 97.50-60 to take out small stops above 97.60. Its still looking bid after the morning market seems to have got itself short trying to trigger sub 97.00 stops. Look for an attempt at 98.00 going into...
Asian Market Means More Dollar Strength 15-6-2009 | Financial 24
Asian Market Means More Dollar Strength Overall, the dollar continues to gain ground against the major currencies throughout the Asian session, as the market remains in risk-aversion mode. The current per. Financial 24 | Financial News -...