[Story ID: 1334]
Will the yen appreciate in March?
For some reason, many forex traders believe that March is, seasonally, a good month for the Japanese yen against the U.S. dollar. The main reason is that March is at key point in the business year for Japan — in which repatriation takes place.
However, GFT’s Kathy Lien points [...]
[Story ID: 5]
Pull up a 1-year chart of the Euro against the Swiss Franc, and you’ll quickly notice a salient trend: the exchange rate has hovered slightly above ‘
[Story ID: 57]
Only a year ago, who could have conceived of such a possibility? At the time, the Canadian Dollar (aka Loonie) was in the doldrums, as a result of the credit crunch and concomitant collapse in commodity prices. In March, however, the Loonie began an extraordinary rally, and finished the year up 16%, almost [...]