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Forex: NZD/JPY looking for support at 62.90
July 29, 2010[Story ID: 5588]
FXstreet.com (Barcelona) – The New Zealand dollar dropped around 80 pips against the Japanese yen directly following the expected RBNZ rate hike to 3.00%. Most recently, the NZD/JPY continues to be pressured below over Asia as the yen appreciates on higher overall risk aversion in the marketplace.
Currently the pair trades at 62.91 [...] -
Forex: GBP/JPY consolidates above 136.00
July 28, 2010[Story ID: 5601]
FXstreet.com (Barcelona) – The British pound has been pressured lower against the Japanese yen over New York, due to an appreciation by the yen as equities slid on Wall Street. The pair reached a minimum in 135.91 ahead of close, and has since consolidated to the upside.
Currently the pair trades at 136.39 where [...] -
Forex: Dollar moves away from daily lows after FOMC minutes
July 14, 2010[Story ID: 5138]
FXstreet.com (Córdoba) ‘ -
Japanese Yen Weakens in Forex Trading as Political Question Marks Emerge
July 12, 2010[Story ID: 5055]
Yen drops against U.S. dollar
Once again, another prime minister’s government is in doubt in Japan. There has been a great deal of unrest and turnover when it comes to prime ministers in Japan recently, and the latest concerns surround current prime minister Naoto Kan.
GFT’s Boris Schlossberg looks at the issues faced by Kan [...] -
Dollar hammered by yen as job concerns remain
June 30, 2010[Story ID: 4647]
The dollar has quietly slipped against the yen in this week’ -
More Deflation Ahead for Japan?
June 25, 2010[Story ID: 4542]
Japanese yen forex trading forecast
It is quite likely that Japan will consider to see deflation in its economy. The pace has slowed somewhat, but deflation is still an issue in Japan, as evidenced by the yen’s rise against the euro — and its strength against the U.S. dollar.
The situation in Japan continues to [...] -
Japanese Yen: 90 or 95?
June 3, 2010[Story ID: 4176]
After a healthy appreciation against the Dollar in 2009, the Yen has backed off slightly in 2010, hovering around the level of 90 USD/JPY. Still, every time the Yen falls, traders quickly push it back up to 90. One has to wonder: Will the Yen ever fall?
Analysts attribute the Yen’s resilience to a [...] -
Japanese Yen Falls in Forex Trading on Political Turmoil
June 2, 2010[Story ID: 4108]
Currency trading with the Japanese yen
The Japanese yen has taken a dive today in forex trading, with its safe haven status all but in tatters as Prime Minister Yukio Hatoyama resigns in Japan. Hatoyama has only been PM for less than a year — and is the fourth prime minister in four years.
Not [...] -
Forex: AUD/JPY heading toward 77.00
May 20, 2010[Story ID: 3601]
FXstreet.com (Córdoba) – The Australian dollar keeps consolidating losses against the Yen for the 4th consecutive week. The pair fell further and posted a fresh 10-month low at 76.05 on early American trade. Despite the pair was rejected from those levels toward the 78.00 area recovering over 180 pips, the corrective bounce [...]