The common currency Euro slid to a new record low versus the Swiss Franc, and a 10-month trough against the U.S. Dollar, in Asian trading today.
The Forex market is strongly affected by the large debt in Greece.
Increased investor risk appetite helped to push the Euro into positive territory in Asian trading today.
The fiscal problems in Greece and worries about whether or not aid would be secured to bail out the debt troubled nation continue to put pressure on the common currency Euro
The Euro held steady in Asian trading today, despite comments from Greek officials that promised cuts in their budget deficit are unachievable given the current high costs of borrowing.
This Forex news discusses the latest Forex developments in the asian trading Forex market.<br />
This Forex technical analysis piece discusses the latest Forex developments in all the major pairs including USD, EUR, and JPY.
This Forex news piece discusses the USD dip against other m ajor currencies like the Yen and Euro
This Forex news piece discusses what the major currencies are doing and predicts what the USD, JPY, and EUR will do over the next few days.
Surprise comments made by Yukio Hatoyama, the Prime Minister for Japan, which suggested that a weak Japanese Yen was not in line with the country’s frail economy, sent the Japanese currency falling against both the U.S. Dollar and the single currency Euro in Asian trading today.
The recent release of economic data from China, indicating that their economy is continuing to grow at a fast pace even as inflationary pressures increase, raised investor expectations...
With the expectation that Japanese exporters will drive demand higher before the fiscal year end on March 31st, the Japanese Yen held steady in Asian trading today.
The Japanese Yen made broad gains in Asian trading today as Japanese firms booked profits prior to their fiscal year end on March 31st.
The Japanese Yen slipped to a 2-week low versus the U.S. Dollar in Asian trading today, as higher share prices in Asian markets triggered investors’ risk appetite,
The Japanese Yen slipped in Asian trading as the government of the People’s Republic of China reaffirmed its current loose monetary policy and Asian share prices rose, all of which served to increase investors’ appetite for risk. Adding to the Yen’s decline against the U.S. Dollar was the news that Japan’s central bank is considering additional easing measures to stimulate the Japanese economy.