Posts published in April 2017

Yen Soft as Fears Abate After French Elections

The Japanese yen was soft today after the outcome of the French Presidential elections eased fears on markets. While the currency traded above the Monday’s opening, it was still far below the Friday’s…

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Yen Gains on Economic Data, Risk Aversion

The Japanese yen was firm today after the release of positive domestic macroeconomic data. The currency gained on the euro also due to the market sentiment that worsened after what looks like as a terrorist…

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US Dollar Stays Lower on Lackluster Manufacturing Data

The US dollar remained weaker against the euro on Thursday as traders digested a disappointing report on manufacturing activity in the Philadelphia region, which was released earlier today. However, an index that tracks the strength…

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