Archive for the ‘Forex’ Category

Yen Rises as Economic Weakness Reduces Higher-Yield Demand

Saturday, May 16th, 2009 33 views

May 16  -- The yen rose the most against the euro since January and gained against all of its major counterparts as evidence of global weakness discouraged investors from buying higher-yielding assets. The euro fell this week versus the dollar for the first time in a month as the economy of ...

Yen May Extend Drop as Stock Gains Spur Higher-Yield Demand

Thursday, May 14th, 2009 41 views

May 15 -- The yen may extend its drop against the euro as a gain in stocks encouraged investors to buy higher- yielding assets funded with Japan’s currency. The dollar fell yesterday against the currencies of six major U.S. trading partners on reduced demand for the greenback’s safety. The Swiss ...

Yen, Dollar Gain as Drop in U.S. Sales Spurs Demand for Safety

Thursday, May 14th, 2009 47 views

May 14 -- The yen rose for a fourth day against the euro and the dollar strengthened after an unexpected drop in U.S. retail sales spurred demand for the relative safety of the Japanese and U.S. currencies. The euro fell to a two-week low versus the yen after Marko Kranjec, ...

U.S. Dollar May Fall to 92 Yen by Year-End, TD Securities Says

Thursday, May 14th, 2009 69 views

May 14 -- The U.S. dollar may extend this week’s decline against the yen as the geenback loses its allure as a refuge from the global financial crisis, TD Securities analysts wrote yesterday in a note to clients. Investors may benefit by adding to bets against the dollar, with the ...