Japanese FinMin says USD to remain reserve currency

Source: www.forexlive.com

Japanese Finance Minister Yosano is on the newswires reiterating his opinion that the USD will remain the world’s reserve currency.


Read more...

  • EUR/USD Rises for Third Day as GM Goes Bankrupt

    Euro continued to advance sharply against the U.S. dollar today as the U.S. are witnessing their biggest bankruptcy case in history. Economic indicators that came out from the United States today (other than GM bankruptcy) were better than expected. EUR/USD is now trading...

  • Dukascopy Afternoon Forex Overview - Sept 22 09

    Previous session overview The dollar sold off broadly overnight Tuesday, reversing gains from the two previous global sessions to hit new 12-month lows against the euro and Swiss franc. Investors turned to higher-yielding currencies as most Asian shares and European stocks moved higher, triggering...

  • FOREX VIDEO - European Outlook November 4th 2009

    Hey everyone, very simple and concise video today. In this presentation I take a look at the Euro USD. I conduct a top down analysis of this pair. I talk about potential movements for the next few weeks as well as an intraday outlook. It’s an interesting video in that I employ lots of EMA use...

  • Eur/Usd clears 1.4000 hurdle

    Dollar weakness is most pronounced in Eur/Usd at the moment as the market triggers stops above 1.4000. The market is now starting to doubt that early rate hikes are a realistic option for the Fed. So far we’ve managed to hit 1.4030, 1.4070 is the next...

  • UMichigan/Reuters Consumer Sentiment survey edges up in June. US Dollar gains in Fx Trading.

    Friday, June 12th - Consumer sentiment rose to its highest level in nine months in...