USD/JPY

USD JPY Makes Three Months High

Thursday, May 29th, 2008

The USD, dollar has been on the ascendency in the last few weeks. With negative news of the first quarter beginning to filter through this is giving the dollar a reprieve amid recent woes.
The USD, dollar made a new three-month high of 105.88 on the USD JPY in the US trading session today. The pair […]

USD, Dollar Gains Reprieve

Tuesday, April 1st, 2008

USD, dollar gained a stay of execution today  amid recent challenges. It fared very well against other currencies especially the yen, JPY.
At some point today it was +241 pips up. An experience that has not been for a while. It also held grounds against the EUR while the pounds, GBP vaccillated within +100 pips range.
These moves were severely orchestrated by […]

EUR Retests Two Weeks High

Monday, March 31st, 2008

The Euro, EUR/USD retested the high of the last two again at 1.5890. In this current market conditions is the EUR dollar buoyance sustainable?

While the Euro zone economists are still playing the wait and see policy, they might find this straining other areas of the economy. This is similar to the one adopted in recent years by […]

EUR Spikes To New High - Hovers $1.6000 Mark

Tuesday, March 18th, 2008

EUR spiked to new highs of 1.5906 yesterday triggering speculation in the forex market and other global financial institutions of the greenback, (dollar, USD) collapse. Is this trend sustainable to the EUR zone economy?
The greenback has been under immense pressure in the last few months.  Since christmas the floor have finally caved in which has […]