Yen Continues to Rise
Posted on 30. Nov, 2009 by admin.
Despite a modest correction which took place close to the weekend, the Yen continues to strengthen on all fronts. The Yen rose against the Dollar, the Euro and the Pound during last week’s trading session.
The Yen rose on positive data that was published from the Japanese economy. The most significant economic publication from last week [...]
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Yen Advances vs. the U.S Dollar on Risk Aversion
Posted on 27. Nov, 2009 by admin.
The Japanese Yen strengthened to a 14-year high against the U.S Dollar, rising past 85.00 to the greenback on speculation renewed risk aversion will enhance the allure of the Japanese currency as a refuge.
The Yen climbed as high as 85.83 per Dollar, the strongest since July 1995, before trading at 85.20 from 86.59 yesterday. The [...]
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Yen Rises against the Majors
Posted on 26. Nov, 2009 by admin.
The Japanese Yen strengthened against most of its major counterparts yesterday, continuing to prove that for the time being that this is the solid currency that traders can rely on to provide them with steady profits. The Yen extended gains versus the Dollar on Wednesday, to trade at about 87.25. The JPY also saw bullishness [...]
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Yen Gains against Most Major Currency Counterparts
Posted on 25. Nov, 2009 by admin.
Japan’s currency gained against 15 of its 16 major counterparts Tuesday, gaining broadly against the Dollar. Both the Yen and Dollar are popular funding currencies in carry trades in which these currencies are used by investors to buy equities and higher yielding currencies. As investors unwind these trades, the Yen tends to benefit against the [...]
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JPY Bounces Back After Yesterdays Losses
Posted on 24. Nov, 2009 by admin.
The Japanese stock market took heavy losses in trading Tuesday, leading to impressive gains for the Yen a day after it sunk amid a global stock rally. Against the Euro, the yen moved from 133.22 to 132.77, signaling that the currency is rebounding from its previous losses. With the Nikkei 225 Stock Average falling for [...]
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Yen Strengthens on Positive Japanese Data
Posted on 23. Nov, 2009 by admin.
The Yen rallied against all the major currencies last week. The Yen’s most remarkable appreciation was against the Pound, as the GBP/JPY pair dropped close to 400 pips. The Yen also saw rising trends against the Dollar and the Euro.
It seems that the main reason for the Yen’s strengthening is the positive data from the [...]
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3 Reasons Forex Trading is So Popular
Posted on 26. Jun, 2009 by admin.
First, it may be necessary to explain what forex trading is. Forex trading, also called currency trading, FX trading, Foreign Exchange trading and forex currency trading refers to the largest financial investment market in the world. Forex trading is fully electronic and has an average daily capital turnover amount in the area of $1.5 trillion. [...]
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Forex Learning: Forex Course Matters to Lead You to Become a Successful Forex Traders
Posted on 25. Jun, 2009 by admin.
Most of beginner forex traders are starting their trading without any clue. Most of them are attracted to dive in this investment area because they have hearing too much about how profitable this huge global market and how easy to take an advantages from it.
Finding his/her self clueless, beginner traders start to looking some trustable [...]
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Online Forex Broker
Posted on 25. Jun, 2009 by admin.
Foreign exchange the widest term in the market through a mediator is known as forex broker. It is like the stock broker, where the agent gives some suggestion on forex trading strategies. It helps to improve client forex trading performance on technical analysis and research approaches design. Financial institutions play a vital role in the [...]
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Bliss & Heartache: The Reward and Risks of Forex Trading
Posted on 24. Jun, 2009 by admin.
FX, or FOREX, stands for Foreign exchange, and it is the name of the market the used to trade the world’s many currencies. The primary traders of Forex markets are all the major banks and corporations, which trade billions of dollars each day. Because the top three currencies that are most traded on the Forex [...]
