Posts published in August 2013

Japanese Yen Sinks on Latest from Shinzo Abe

After gaining some ground, the Japanese yen is dropping against its major counterparts, mainly due to a combination of the latest plan from Prime Minister Shinzo Abe and the idea that the yen…

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Canadian Dollar Mixed as Week Starts

The Canadian dollar was mixed at the start of the week with absence of any major news to drive the currency in any particular direction. The loonie did not show a noticeable trend today either. It…

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Aussie Ends Week with Solid Gains

Traders were rather pessimistic about the Australian dollar at the start of this week, making it surprising to see that the currency ended the week with solid gains. The Aussie rallied mainly on overseas…

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