Posts published in July 2013

GBP Firm vs. USD & JPY on Manufacturing

The Great Brian pound rose against the US dollar and the Japanese yen yesterday and kept the gains today as the manufacturing sector expanded last month with faster pace than was expected. The currency…

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Yuan Advances as Chinese Manufacturing Expands

The Chinese yuan advanced today as the government report showed that manufacturing continued to expand last month and Chinese officials tried to soothe worries about the recent liquidity crunch. According to the official data,…

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Yen Drops as Tankan Survey Reduces Risk Aversion

The Japanese yen dropped today as the Bank of Japan released its Tankan survey that showed an expansion of both manufacturing and non-manufacturing sectors last quarter. This data reduced risk aversion on the Forex…

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