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Daily Forex Overview
Previous session overviewThe dollar rose slightly against the yen in Asia Monday on buying by Japanese importers, while speculators kept to the sidelines to see how planned U.S. government bond sales in the days ahead would affect long-term U.S. interest rates.
Demand from Japanese importers helped the U.S. currency reach an intraday high of JPY91.79, in a relatively quiet Asian session ahead of Japan's New Year holidays, dealers said.
The dollar later slid back to around JPY91.60 on selling by Japanese exporters, but held above the JPY91.30 level seen at Friday's close in New York, they said.
The US Dollar finished the day lower against the Euro and other key forex counterparts as recently impressive US Dollar appreciation gave way to a noteworthy short-term pullback. Consistent with our recent calls for a near-term correction on exceedingly one-sided forex sentiment, the Greenback gave back ground through relatively illiquid holiday trading.
Empty economic calendars for most of Western Europe made for relatively uneventful trading for the Euro and British Pound. Yet regional equity indices finished the day at fresh 2009 highs as financial market risk appetite remained buoyant heading into year-end.
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...currency day forex trading - News
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No need for China yuan to fall -c.bank adviser BEIJING, Dec 28 () - There is no convince for China's yuan to depreciate against any currency, including the dollar, euro or yen, an mentor to its and more » |
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Daily Forex Overview
ReutersThe US Dollar finished the day minuscule against the Euro and other key forex counterparts as recently impressive US Dollar appreciation gave way to a Asian units mostly cut against the dollarall 100 news articles »
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WORLD FOREX: Dollar Slips Vs Euro In Thin, Pre-Holiday Trading "We've seen a bit of a pullback in the dollar in the last day or two," said Shaun Osborne, chief currency strategist at TD Securities in Toronto. On cloud nine FOREX: Japan Exporters Push Dollar Down Vs YenWORLD FOREX: Dollar Down, But Cuts Losses Vs EuroWORLD FOREX: Dollar Loses More Set As Trading Winds Down -all 31 news articles » |
FOREX-Dollar dips on housing data, profit-taking
Lean News AgencyTrading was extremely light, which may have exaggerated currency moves; Tokyo was closed for a patriotic holiday and many market players elsewhere have WORLD FOREX: Dollar Slips After Disappointing US GDP ReportFX Viewpoint-Stronger dollar heads into last week of 2009Dollar edges down against euro, yen - -all 687 talk articles »
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