Tag: currency

June 1, 2023

The New Zealand (NZ) dollar undoubtedly looks weak against its peers as the market digests the possibility of NZ rates peaking. However, the currency is running into some pretty tough support against some of its peers that warrants caution in […]

October 17, 2022

The Japanese Yen is languishing near 32-year lows seen last Friday as the market weighs up the prospect of the Bank of Japan (BoJ) intervening again. It is almost a month since Japanese authorities sold USD/JPY to provide some price […]

September 29, 2021

Yesterday saw the Pound posted its worst performance against the USD in over a year and the Euro since April. I will save the column inches and point you to my recent post, discussing the concerns I had over the […]

August 24, 2018

After the flare-up in Turkey which saw its currency drop 25% in a week, major tensions with the US, and even talk of its entire economy collapsing, things appear to have quietened down over the past few days, as the […]

October 20, 2017

The U.S. dollar shot to the highest level in roughly three months against the yen and stormed ahead against other rivals on Friday. The move came after the U.S. Senate passed a budget blueprint, which could clear the way for […]

December 9, 2016

Dave Lutz, head of Exchange Traded Funds at JonesTrading, has a brief overview of what’s happening in markets: US stock futures are slightly higher at the end of a strong week for the market. At least one of the major […]

January 18, 2016

The dollar strengthened against the yen during Asia trade Monday as investors sold the Japanese currency, walking away from its perceived safety after losses in Tokyo stocks narrowed. The greenback USDJPY, +0.16% was at ¥117.15 after touching a high of […]

December 29, 2015

The dollar was largely unchanged against the yen and the euro during quiet Asia trade Tuesday as many investors were reluctant to take strong positions amid a lack of fresh market-moving incentives. The greenback USDJPY, +0.03%  was at ¥120.33, compared […]

December 22, 2015

The dollar was largely unchanged against the yen and the euro in thin Asian trade Tuesday, with fewer participants in the market ahead of the year-end holiday season. The greenback USDJPY, -0.19% was at ¥121.25, compared with ¥121.11 late Monday […]

December 11, 2015

The dollar rose on Friday in Asia after hitting one-month lows against the euro and the yen earlier this week amid uncertainty over the pace of U.S. interest-rate increases. The dollar lost some ground earlier this week as investors questioned […]

November 25, 2015

The U.S. dollar declined in Asia on Wednesday amid geopolitical uncertainty in the Middle East, pushing U.S. Treasury yields lower. Market participants have been betting for the dollar on the view that possible Federal Reserve rate increases would mean higher […]

November 12, 2015

Source photo The dollar was almost flat against the yen during Asia trade Thursday, with brightened sentiment prompting selling of the Japanese currency and its perceived safety, which offset dollar selling by investors looking to lock in profits. Meanwhile, the […]

November 9, 2015

Source photo The dollar stabilized on Monday in spot foreign-exchange trading in Asia, after stronger-than-expected U.S. jobs data on Friday boosted the currency sharply higher on expectations of a rate increase from the U.S. Federal Reserve in December. Yet foreign-exchange […]

November 6, 2015

The dollar stabilized on Friday in Asia, as investors awaited the U.S. jobs report to help them weigh the odds of a Federal Reserve rate increase this year. Momentum on the U.S. dollar’s rise, which hit multi-month highs against the […]

November 5, 2015

Source photo The U.S. dollar’s rising momentum eased on Thursday in Asia as market participants calibrated odds of a Federal Reserve rate increase this year. The suggestion by several Fed officials that the U.S. central bank may start raising rates […]

October 30, 2015

Source photo The dollar was higher against the yen in choppy Asia trade Friday, supported by a local media report that the government is putting together a fresh fiscal stimulus in the form of a supplementary budget exceeding Y3 trillion […]

October 21, 2015

Source photo The dollar inched up against the yen in range-bound Asia trade Wednesday, with investors largely sitting on the sidelines with no fresh trading cues. The currency USDJPY, +0.04% briefly hit as high as ¥120.01 in keeping with stock […]

October 20, 2015

The dollar was unchanged against the yen and the euro in range-bound Asian trade Tuesday, as investors remained reluctant to make major bets given the lack of fresh trading cues. The greenback USDJPY, +0.12% was at ¥119.49, unchanged from late […]

October 16, 2015

Source photo The U.S. dollar extended gains against the Japanese yen in Asia trade Friday, as dip-buying kicked in after it tumbled overnight to its lowest level in nearly two months. The dollar USDJPY, +0.11% was at ¥119.17, compared with […]

October 14, 2015

Source photo The dollar moderately weakened against the yen and the euro in Asia trade Wednesday, as the Japanese and eurozone currencies were bought amid volatility in riskier assets. The greenback USDJPY, -0.10% was at ¥119.68, compared with ¥119.74 late […]