Yen Slide Quickens as Pensions Head Overseas: Chart of the Day

Posted by Forexsq 3 days ago (
img Japanese pension funds favoring overseas investments are helping send the yen down toward its biggest monthly loss this year, Nomura Securities Co. says.

The CHART OF THE DAY shows so-called trust accounts boosted purchases of foreign stocks and bonds to the most since 2009. The accounts capture pension fund flows including the $1.2 trillion Government Pension Investment Fund, Nomura says. The

Dollar Erases Gains After U.S. Consumer Prices Fall

Posted by Forexsq 3 days ago (
img The dollar erased gains after a report showed U.S. consumer prices unexpectedly fell in August for the first time in more than a year.

The U.S. currency rose earlier versus most major peers as traders weighed whether the Federal Reserve will alter the language of its policy statement today to signal when interest rates will rise.

“For now, the dollar is selling off against most currencies a

Scotland Without the Pound Seen as a Threat to Housing

Posted by Forexsq 3 days ago (
img A vote in favor of Scottish independence tomorrow threatens to weigh down a booming housing market should thousands of homeowners become debtors of foreign lenders.

Political leaders in the U.K. are sparring over whether an independent Scotland would keep the pound, with the outcome having major consequences for the economy and housing. If Scottish homeowners eventually have to repay pound-den

Pound Strengthens a Second Day Amid Split BOE Vote, Jobless Data

Posted by Forexsq 3 days ago (
img The pound strengthened for a second day against the dollar as minutes of the Bank of England’s most recent policy meeting showed two officials voted for a second month to raise interest rates.

Sterling gained versus all of its 16 major peers as Scotland prepares to vote tomorrow on independence. U.K. government bonds were little changed after a report showed the nation’s jobless rate fell to a

Dollar Rises to Six-Year High Against Yen as Policies Diverge

Posted by Forexsq 2 days ago (
img The dollar rose to a six-year high against the yen after the Federal Reserve raised its target-rate forecast yesterday, underpinning the divergence in monetary policy between the U.S. and Japan.

Central-bank policies came to the fore across the world as Norway’s krone surged after the Norges Bank dropped a reference that it would cut interest rates this year. Switzerland’s franc rose as the ce

Pound 2-Year High Shows Bets Scotland Votes ‘No’

Posted by Forexsq 2 days ago (
img Currency traders are betting that Scottish nationalists’ bid for independence will fail today.

The pound strengthened to the highest level versus the euro in two years as Scotland’s electorate voted on whether to end its three-century-old union with the U.K. Sterling appreciated versus all but one of 16 major peers as a poll by Ipsos Mori showed 53 percent of those surveyed said they would vot

Pound rises to two-year high against euro

Posted by Forexsq 2 days ago (
img The pound reached a two-year high against the euro Thursday as investors entered bullish positions in the currency as Scots headed to the polls to vote on a closely watched referendum on independence.

The pound also got a lift from data that showed U.K. store prices fell 1.2% in August, the biggest drop since July 2009.

The euro EURGBP, -0.24% hit a low of 0.7854 against the pound, compare

Dollar Heads for Longest Rally Since 1967 on Divergence

Posted by Forexsq 1 day 7 hours ago (
img The dollar is poised for its longest stretch of gains since Lyndon Johnson was in the White House after the Federal Reserve signaled an end to unprecedented monetary stimulus measures next year.

The U.S. Dollar Index rose for a 10th straight week, the longest since at least March 1967. The yen fell to a six-year low as the Bank of Japan pledged to maintain stimulus to stave off deflation, and

Dollar flat against rivals ahead of FOMC

Posted by Forexsq 4 days ago (
img The dollar was basically flat against rival currencies in Asian trade Tuesday, as investors remained reluctant to make major moves ahead of the closely-watched Federal Open Market Committee policy meeting.

As of late Asian trade, the dollar USDJPY, -0.06% was at ¥107.21 compared with ¥107.19 late Monday in New York, but still close to its six-year high of ¥107.39 registered on Friday.


Biggest Banks Said to Overhaul Forex Trading After Scandals | Top Forex Brokers

Posted by Forexsq 4 days ago (
img The world’s biggest banks are overhauling how they trade currencies to regain the trust of customers and preempt regulators’ efforts to force changes on an industry tarnished by allegations of... moreShare it now!

Dollar Rises as Commodities Decline on China; Ruble Falls

Posted by Forexsq 5 days ago (
img The dollar strengthened to a 14-month high and commodities declined to the lowest level in five years after data added to evidence China’s economy is slowing. Russia’s ruble weakened to a record after the European Union and U.S. imposed new economic sanctions.

The Bloomberg Dollar Spot Index rose 0.1 percent at 8:33 a.m. in New York. The Bloomberg Commodity Index (BCOM) fell 0.4 percent as oil

Dollar rises against pound, euro ahead of Scottish vote

Posted by Forexsq 5 days ago (
img The U.S. dollar climbed against the euro and British pound on Monday as investors turned their attention to a looming vote on Scottish independence.

The latest polls showed a divided outlook as Scotland prepares for a Thursday referendum vote on whether to become independent from the United Kingdom. a break-up could ripple across the euro zone, pushing the pound sharply lower, investors believ

Carney Steering BOE in Scots Vote as Quebec Casts Shadow | Top Forex Brokers

Posted by Forexsq 5 days ago (
img Having watched Quebec’s attempt to break away from his native Canada in 1995 while working at Goldman Sachs Group Inc. in London, the Bank of England governor now finds himself... moreShare it now!

U.S. dollar is flat against rivals after data

Posted by Forexsq 8 days ago (
img The U.S. dollar remained higher against the euro, yen and other G-10 rivals Friday after data showed U.S. retail sales recorded robust growth in August.

Analysts said the strong economic data encourage they Fed to bring its outlook forward.

“Now, that we know that the U.S. retail sales data was good, this would increase the odds of Fed changing their statement next week, and if they do, we

New Zealand’s Dollar Drops on Central-Bank Comments; Pound Rises

Posted by Forexsq 9 days ago (
img benchmark interest rate unchanged and said the level of the currency was “unjustified and unsustainable.”

A gauge of the dollar pared gains after initial claims for jobless benefits in the U.S. rose last week. The pound rose for a third day versus its U.S. peer after a survey showed supporters of Scottish independence lost ground a week before a referendum that could lead to the breakup of the

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