The yen outperformed most of the 16 main traded currencies after the U.S. President affirmed that financial institutions must have their operations regulated in order to avoid speculations, raising risk aversion in all trading markets in the world.(…)
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The Japanese currency started the week losing versus the greenback as the U.S. economy recovers, reiterating speculations that Fed stimulus may be lifted in a foreseeable future.(…)
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The Japanese currency declined versus most of the 16 main traded currencies after speculations rose that Japanese officials are ready to intervene on the current yen’s level, as it would be an obstacle for the Japanese economic recovery, decreasing competitiveness for the nation’s exports.(…)
Read the rest of Yen Drops on Intervention Talks (181 words)
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After touching parity and gaining further versus the U.S. dollar, the Swiss franc declined today versus virtually all 16 main traded currencies, as speculations indicate that the national central bank sold the currency to halt its rally.(…)
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The yen gained versus virtually all currencies as speculations indicate that further climbs for the Japanese currency will be accepted by the nation’s central bankers, setting the currency to the highest level in 14 years versus the greenback.(…)
Read the rest of Yen on Decade Record High on BOJ Positions (161 words)
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Demand for safety rose towards the end of this week’s session as U.S. payrolls were cut beyond analysts expectations, suggesting that the economic recovery in North America will take longer than previously imagined by economists.(…)
Read the rest of Yen Gains on U.S. Job Losses (64 words)
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