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AUD, NZD Unchanged While Investment, Confidence Improve 29 Nov 2012 | 09:20 am
The Japanese yen was little changed versus the dollar as sales at large retail stores in Japan declined 3.2 percent in October marking the sixth consecutive month of retail sales declines. The yen has...
Traders Turn Attention to USA, Yen Profits 29 Nov 2012 | 09:20 am
Now, as the situation with Greece is resolved (at least for some time), Forex traders turned their attention to the United States and the danger of the fiscal cliff. The Japanese yen profited from the...
South Korean Won Soft amid Poor Market Sentiment 29 Nov 2012 | 09:20 am
The South Korean won declined today as the risk aversion on the Forex market deterred traders from higher-yielding assets of emerging economies, including the South Korean ones. The market sentiment w...
Euro Erases Overnight Gains Following Onslaught of Disappointing Data 9 Nov 2012 | 07:08 pm
The Euro just couldn’t find a break in the first part of today’s European session. An overnight rally that brought the single currency up 50 points to 1.2780 against the US Dollar was completely erase...
Japanese Yen Regains the Upper Hand as Risk Aversion Reigns 9 Nov 2012 | 07:08 pm
Earlier, the Japanese yen weakened a bit on expectations that next week’s GDP data will indicate more contraction for Japan’s economy. That momentary weakness has pretty much evaporated, though, as ri...
NZ Dollar Rebounds After Yesterday’s Losses 9 Nov 2012 | 07:08 pm
The New Zealand dollar was weak after poor employment data sapped strength of the currency. The kiwi kept its losses at the start of today’s session, but it does not look like the currency is going to...
EUR/USD – Stalking a Declining Channel or Flag Correction 20 Oct 2012 | 09:50 am
Channel, flag: The EUR/USD topped off yesterday 10/18, and continues to correct against the latest upswing that started last week from 1.2825. The 1H chart shows the decline within a channel, or if th...
New Zealand Dollar Steadying, but Vulnerable to RBNZ 20 Oct 2012 | 09:50 am
The New Zealand Dollar had a mediocre week, finishing in the middle of the pack among the majors and dropping by a mere -0.10% against the US Dollar. Needless to say, if the NZDUSD was essentially unc...
Australian Dollar Falls, But Keeps Weekly Gains 20 Oct 2012 | 09:50 am
The Australian dollar fell yesterday, but ended the week with gains against the US dollar and the Japanese yen. Signs that the global economy is recovering helped the Australian currency to hold groun...
NZ Trade Deficit Widens as Strong Rate and Ebbing Asian Economies Likely Drivers 26 Sep 2012 | 06:58 pm
The New Zealand Dollar was little changed versus the U.S. Dollar as the trade deficit for the NZ economy widened to -NZ$866 million in August, down from -NZ$786 million year to date. Exports sunk by N...
