Currency News , Currency Market , Foreign Currency News , Currency Trading , Best Forex News , Fx News
Donate to Forexsq
Amount

Forex - Dlr index near 10-month high, ECB deposit rate cut talk hits euro

Posted by Forexsq 5 days ago (http://www.reuters.com)
img The dollar rose against a basket of currencies on Friday, trading near a 10-month high as debate over whether the Federal Reserve would wind down its asset buying programme later this year gathered pace. The dollar's strength, along with expectations that the European Central Bank could introduce negative deposit rates, the rate at which banks park surplus funds with it, kept the euro pinned down

Yen Gains Most in 3 Weeks as Amari Signals Concern; Kiwi Rises

Posted by Forexsq 2 days ago (http://www.bloomberg.com)
img The yen rose the most in three weeks against the dollar after Japan’s Economy Minister Akira Amari said further losses in the currency would negatively affect people and the government’s job is to minimize that.

The yen strengthened against all except one of its 16 major counterparts after Amari said yesterday there’s speculation the currency’s past strength has “been corrected a lot.” New Zea

Yen Slips as Amari Backtracks While Europe Shares Decline

Posted by Forexsq 1 day 16 hours ago (http://www.bloomberg.com)
img The yen weakened against the dollar after Japan’s economy minister backed away from comments that drove the currency to its biggest gain in three weeks. European stocks fell while U.S. equity-index futures were little changed.

Japan’s currency dropped 0.4 percent to 102.68 per dollar at 10:30 a.m. London time. The pound depreciated 0.5 percent to $1.5178 after inflation in the U.K. slowed more

Don’t be fooled by market euphoria

Posted by Forexsq 6 days ago (http://www.marketwatch.com)
img Sudan, Venezuela, or Argentina — you’ll be hard pressed to find a genuine, double-digit inflation problem anywhere in the world these days.

Even Hungary, which seems to live permanently on the verge of a currency crisis, registered a mere 1.7% annual gain in its April consumer price index. Similarly low numbers are everywhere — including in the U.S., Europe and all other developed nations.

Euro Falls for Sixth Day Before Inflation Report; Aussie Weakens

Posted by Forexsq 6 days ago (http://www.bloomberg.com)
img The euro weakened for a sixth day against the dollar, the longest losing streak in a year, before a report that economists said will confirm consumer-price inflation in the region was the slowest in three years in April.

The 17-nation currency approached a six-week low on speculation the European Central Bank will have to ease monetary policy further after data yesterday showed the euro-area e

Pound Advances From Six-Week Low Versus Dollar Before BOE Report

Posted by Forexsq 7 days ago (http://www.bloomberg.com)
img The pound rose from a six-week low against the dollar before the Bank of England presents its quarterly report of economic analysis and inflation projections.

The U.K. currency strengthened for the first time in four days against the euro before separate data that economists say will show jobless claims fell in April, adding to signs Britain’s economy is improving. Barclays Plc and RBC Capital

Weak German growth sends euro lower, shares near peaks

Posted by Forexsq 7 days ago (http://www.reuters.com)
img Surprisingly weak first quarter economic growth numbers from Germany and France sent the euro to a six-week low against the dollar on Wednesday, boosting the chance of another interest rate cut.

European Central Bank president Mario Draghi said earlier this month he would cut rates further if the growth outlook worsened.


"(Draghi is) trying to be transparent and tell the market that any

Dollar dips vs. yen; euro higher ahead of data

Posted by Forexsq 8 days ago (http://www.marketwatch.com)
img The U.S. dollar pulled lower Tuesday, edging back from gains against Japan’s yen, and softening against the euro ahead of the release of economic reports from Europe.

The ICE dollar index DXY -0.09% , which measures the U.S. dollar’s moves against six other major currencies, fell to 83.015 from late Monday’s level at 83.276.

Yuan’s ‘too big to fail’ dilemm

Posted by Forexsq 8 days ago (http://www.marketwatch.com)
img Too big to fail is always a hard argument to get the better of. It comes close to explaining why China struggles so much with the vexed question of opening its capital account and setting the yuan free.

If currency liberalization does go “pear shaped,” the ruling Communist Party could not just lose control of China’s money, but also power itself. Self-preservation is a powerful incentive for c

Japanese yen hits new 4-year low

Posted by Forexsq 12 days ago (http://money.cnn.com)
img The Japanese yen fell to a four-year low against the U.S. dollar on Thursday as investors continue to welcome moves by the Bank of Japan to boost the nation's economy.

The dollar rose above ¥100 for the first time since April 2009.

Euro Weakens Versus Dollar, Yen; Declines 0.2 Percent to $1.2966

Posted by Forexsq 9 days ago (http://www.bloomberg.com)
img The euro declined against the dollar, dropping 0.2 percent to $1.2966 as of 8:32 a.m. London time. The 17-nation shared currency fell 0.3 percent to 131.64 yen.

Yen Extends Drop Past 101 Per Dollar After Bonds Data

Posted by Forexsq 12 days ago (http://www.bloomberg.com)
img The yen extended its decline to beyond 101 per dollar after a report showed Japanese investors became net buyers of foreign bonds, snapping the longest selling streak since January 2010.

The currency fell versus all but two of its 16 major peers as the data supported speculation that stimulus measures spearheaded by Bank of Japan Governor Haruhiko Kuroda and Prime Minister Shinzo Abe are drivi

Dollar soars above 100 yen after jobless data

Posted by Forexsq 13 days ago (http://www.marketwatch.com)
img The U.S. dollar surged above the 100 Japanese-yen-level on Thursday for the first time in four years after data showed a decline in U.S. weekly jobless claims.

The dollar USDJPY +1.55% rose to ¥100.61 in afternoon Thursday trade, compared to late Wednesday’s level of ¥98.84.

Strong economic data from the U.S. fuelled the gains.

U.S. jobless claims for the week ended May 4 fell by 4,000

Yen Weakens Past 100 Per Dollar for First Time in Four Years

Posted by Forexsq 13 days ago (http://www.bloomberg.com)
img The yen weakened beyond 100 per dollar for the first time in four years as the Bank of Japan’s deflation-fighting measures have the currency headed for its longest streak of monthly losses in almost two decades.

Japan’s currency has dropped 3.5 percent since April 4 when BOJ Governor Haruhiko Kuroda outstripped economist forecasts by pledging to double monthly bond purchases and scoop up longe

Dollar above ¥100 says as much about U.S. as Japan

Posted by Forexsq 12 days ago (http://www.marketwatch.com)
img Here’s one thing to keep in mind about the dollar’s rally Thursday through the 100 yen level, a first since April 2009: It’s not all about Japan.

The yen USDJPY +0.75% has indeed tanked since last fall as traders prepared for Abenomics and the ensuing wave of radically aggressive easing by the Bank of Japan. But the long-awaited move through the psychologically crucial 100 yen level was a prod
|  

Become Our Fan