Posts published in December 2013

Japanese Yen Weaker Against Major Counterparts

Japanese yen is weaker today, thanks in large part to the continued efforts to maintain stimulus measures in Japan. The latest trade deficit data doesn’t appear to be changing anything at this point,…

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EUR Strong vs. USD & GBP on Economic Sentiment & CPI

The euro rose against the US dollar and the Great Britain pound today as economic sentiment improved in Germany and the whole eurozone, while inflation accelerated. The currency was weaker versus the Japanese yen. The ZEW…

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Greenback Gets Boost After Inflation Data

US dollar is slightly higher today, following the latest inflation data. Also helping the greenback is a bit of risk aversion that seems to have returned ahead of what some expect…

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Pound Pares Gains as Inflation Slows

The Great Britain pound was rising today, but pared gains after data showed that Britain’s consumer inflation unexpectedly slowed last month, though not very much. The Consumer…

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AUD at Five-Year Low vs. NZD

The Australian dollar fell today, reaching the lowest price in five years against its New Zealand counterpart, after the minutes of the latest Reserve Bank of Australia policy meeting confirmed that policy…

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Tankan Survey Helps Yen to Gain

The very good Tankan survey, which was released today, helped the Japanese yen to rally, though gains were relatively small. Nervousness on the Forex market ahead of the Federal Reserve meeting was…

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Yuan Flat After Manufacturing PMI Slips

The Chinese yuan was little changed against the US dollar today after data showed that Chinese manufacturing sector expanded with slower a pace than was predicted by analysts. The HSBC…

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