FOREX

Yen Strengthens After Weak China Trade Data

Tue Oct 13, 2015

The USD/JPY exchange rate dipped 0.41% to an intraday low of 119.55 yen per dollar on Tuesday, after China’s General Administration of Customs said in Beijing that Chinese exports fell 3.7%, in U.S. dollar terms, in September from ...

EUR/USD Surges Despite Sputtering Trade Data from Germany and Negative Inflation in Eurozone

Fri Oct 9, 2015

The EUR/USD currency pair surged 1.36% for the week to close at 1.1362 dollars per euro on Friday after the minutes from the U.S. Federal Reserve’s September 16-17 policy ...

EUR/JPY FX Cross Rate Undecided on Which EUR or JPY Will Turn Bullish Next

Thu Oct 8, 2015

The EUR/JPY closed at 135.16 yen per euro on Thursday, up 0.27% from the previous close, after Japan's Cabinet Office said that core machinery orders, excluding those from ...

Dollar Pulls Back After Another Big Negative Surprise from U.S. Nonfarm Payrolls Report

Fri Oct 2, 2015

The U.S. dollar index (DXY) tumbled 1.05% to 95.32 on Friday, immediately after the release of the nonfarm payrolls report by the U.S. Labor Department showing that just ...

EUR/USD Shrugs Off Economic News and Focuses on Fed Rate Hike Odds

Thu Oct 1, 2015

The EUR/USD currency pair began to slide after a mixed bag of economic data hit the wires out of the eurozone, but managed to print at 1.1176 dollars per euro at the close ...

Yen Remains as Safe-Haven Currency While Bad Economic Data from Japan Keeps Piling Up

Fri Sep 25, 2015

The USD/JPY currency pair inched up just 0.22% to close at 120.48 yen per dollar on Friday, after Federal Reserve Chair Janet Yellen told the audience at the University of  ...

 

Dollar Could be Under Selling Pressure as U.S. Debt Ceiling Deadline Looms

Fri Sep 18, 2015

The U.S. dollar index (DXY) pulled back 0.91% to close at 94.677 on Thursday, after the Federal Reserve decided to hold off a rate hike and maintain their zero interest rate policy ...

British Pound Sterling Struggles Against U.S. Dollar Ahead of Federal Reserve Meeting

Thu Sep 10, 2015

The GBP/USD inched up 0.55% on Thursday to close at 1.544 dollars per British pound, despite that the Bank of England (BoE) voted 8-1 to keep interest rates on hold at ...

EUR/USD Bounced Off Trendline Support Ahead of Next Week's Federal Reserve Rate Hike Decision

Wed Sep 9, 2015

Concerns about China’s economic hard landing and the return of worldwide deflation have sent the Japanese yen skyrocketing, as currency traders were selling the U.S. ...

New USD/THB Target is 37.0-37.5 Baht per Dollar

Tue Sep 8, 2015

The USD/THB broke out the ascending triangle at the end of April, after the Bank of Thailand announced measures to encourage more capital outflows including raising purchases of foreign currencies for deposit by Thai citizens, from ...

EUR/JPY FX Cross Rate Under Downward Pressure as the ECB May Expand QE Beyond September 2016

Fri Sep 4, 2015

The EUR/JPY closed at 133.59 yen per euro on Thursday, down 1.21% from the previous close, after the European ...

The USD/JPY Could be Range-Bound as Timing for First Federal Reserve Rate Hike is Uncertain

Mon Aug 28, 2015

The USD/JPY surged for the third day in a row, to close at 121.39 yen per dollar on Friday, after Federal Reserve Vice Chairman Stanley Fischer told a CNBC reporter that, ...

U.S. Dollar Tanked After Barclays Said No Fed Rate Hike Until March 2016

Mon Aug 24, 2015

The U.S. dollar index (DXY) tumbled 1.74% to close at 93.36 on Monday, after Barclays' U.S. economists Michael Gapen and Rob Martin pushed out their forecast for the timing of ...

U.S. Dollar Took a Nosedive as the Markit PMI Data Showed the U.S. Manufacturing Sector is Losing Steam

Fri Aug 21, 2015

The U.S. dollar index (DXY) took a 1.19% nosedive to an intraday low of 94.836 on Friday after the global financial ...

The British Pound Could Gain Strength on the Back of Mixed U.S. Economic Data

Fri Aug 14, 2015

The GBP/USD inched up 0.2% on Friday to close at 1.5642 dollars per-British pound after the Federal Reserve said that July U.S. industrial production increased 1.3% year-over ...

EUR/USD is Ready to Break Out Ahead of the Eurozone GDP Report

Thu Aug 13, 2015

The EUR/USD traded in the range between 1.108 and 1.1189 dollars per euro on Thursday, after the U.S. Commerce Department said retail sales increased 0.6% in July, in ...

U.S. Dollar is Getting Slammed After the People’s Bank of China Pushed the Yuan Lower for the Second Day

Wed Aug 12, 2015

The U.S. dollar index (DXY) took a 1.44% nosedive to an intraday low of 95.926 on Wednesday after the People’s ...

The USD/JPY Failed to Break Out the 125 Level After Weak U.S. July Non-Farm Payrolls

Fri Aug 7, 2015

The USD/JPY spiked to an intraday high of 125.01 yen per dollar on Friday, immediately after the U.S. Department of Labor released the non-farm payrolls report saying that ...

U.S. Dollar Index Failed to Break Out After Weaker-Than-Expected July Jobs Report

Fri Aug 7, 2015

The U.S. dollar index (DXY) immediately ran up 0.43% to an intraday high of 98.33 on Friday, right after the U.S. Department of Labor released the non-farm payrolls report ...

U.S. Dollar Index Reverses Course as the Employment Cost Index Shows Worst Gain in 33 Years

Fri Jul 31, 2015

The U.S. dollar index (DXY), a weighted geometric index of the value of the U.S. dollar relative to a basket of six major ...

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