The following Forex news reports are the latest developments of the Forex market. The news reports are updated frequently and include all the events that affect the foreign exchange trading industry.
The Japanese Yen continues to be soft and touched on a 10-week trough versus its safe haven rival, the U.S. Dollar, as investors risk appetite remains high as traders speculate that China’s central bank might soon be providing additional stimulus in order to put growth back on track.
The Japanese Yen remained on the defensive during Tuesday’s Asian trade while the U.S. Dollar suddenly found itself in a similar predicament following unexpected comments from the Federal Reserve chief which led FX traders to speculate on the Fed’s monetary policy.
The Euro remained within striking distance of the recently struck 1-month trough versus the U.S. Dollar in lackluster Asian trade as investors await the later release of key inflation data which could dictate the policy direction of the European Central Bank.
The Euro continued to fight to gain traction against its U.S. counterpart, the aftereffects of dovish comments made by several officials of the European Central Bank.
The Euro remained on the defensive against its key rival, the U.S. Dollar, as investors speculate on the possibility that the European Central Bank might now be considering a looser monetary policy in order to suppress the deflationary trend.
The Euro was steady during the Asian trading session today, recovering from lows inspired by dovish commentary made by some officials of the European Central Bank.
Investors’ concerns over the true health of the U.S. economic recovery have helped to ease the greenback’s recent strength.
Asian stocks were mostly higher on Monday with the regional index rebounding from its biggest two-week decline since June. The yen fell against major peers as investors brushed off weak Chinese manufacturing activity.
Despite the recent comments from the Federal Reserve Bank chief, Janet Yellen, FX investors appear to still be awaiting for further clarity before they push the greenback any higher, as a result, the U.S. Dollar is struggling to extend yesterday’s rally.
The U.S. Dollar was broadly higher and the Index pushed to a 2-week peak during the Asian trading session following speculation that the Federal Reserve is on the verge of an interest rate increase.
Asian shares were mixed on Wednesday due to caution over the Federal Reserve's policy meeting and the health of China's property market.
The Japanese Yen eased from its recent highs versus the common currency Euro and the U.S. Dollar as investors’ concerns over the crisis in Ukraine appeared to be waning, at least for the present.
FX players have pushed the Japanese Yen higher, now beginning the trading week at the high of its recent trading range as markets seek out safe haven investments in the wake of an escalation of geopolitical tension in the Crimean section of the Ukraine
The geopolitical situation in Ukraine escalated once again and resulted in increased movement into the Japanese Yen and the Swiss Franc, safe haven currencies that FX players demand during times of uncertainty.
Risk appetite continued to be subdued as investors worries grow over the ongoing Ukraine crisis and the impending Chinese economic slowdown, with the result that FX traders moved strongly into safe haven assets such as the Swiss Franc and the Japanese Yen.
