Tag Archives: JPY
Federal Reserve come up short with stimulus plan, dollar rises
The U.S. Dollar increased its appeal as a safe haven currency on Wednesday after the Federal Reserve announced that its will increase holdings of longer-maturity Treasuries and reinvest in mortgage securities. The move its anticipated to limit borrowing costs and …
Dollar closes higher following release of Fed minutes
The U.S. dollar grew stronger against the euro on tuesday after economists and currency traders got better insight in the Federal Reserve’s outlook on the U.S. economy after the release of the minute’s from the Fed last meeting.
During early …
U.S. retreats after Bernanke speech
The U.S. Dollar dropped on friday following Ben Bernanke’s speech in Jackson Hole, Wyoming.
The Chairman of The Federal Reserve did not offer any new stimulus package to boost the economy like many economists had speculated he might but he …
Commodity based currencies up vs US dollar
There’s not to much activity happening for the U.S. dollar today as no new data on the state of the U.S. economy has been released to remind traders of the dismal state of the global markets.
Last week saw large …
U.S. dollar climbs as investors turn to safe havens
The U.S. dollar, Swiss Franc and Japanese Yen all gained against other major currencies on thursday after investors jumped behind the trio of safe havens following the release of several data reports that all pointed towards a slowdown in the …
Dollar gives up gains following better than expected job data
A better than expected report showing a drop in the number of people seeking unemployment benefits in the United States last week, marking the first time in four months that the rate has dropped, help push foreign currencies higher against …
