$/Yen, Caught the Recent Tumble but Stay Short…

In the May 5th email on $/yen, affirmed the view that an important top was in place at the Apr 6th high at 101.40 (completed A-B-C, irregular correction from the Dec low at 87.15) and with eventual declines all the way back to the 87.15 low and even below. Shorted… Read more….

Dollar, Yen Gain as Global Financial Losses Spur Haven Demand (Bloomberg)

Feb. 20 (Bloomberg) — The dollar and yen advanced against most of their major counterparts as concern losses at financial firms will deepen encouraged demand for havens. Read more….

Yen At 2-day High Against Swiss Franc (Nasdaq)

(RTTNews) – During early European deals on Wednesday, the yen reversed the losses it incurred in Asian trading against the Swiss franc. Read more….

Swiss franc drops to 2-day low against yen (Nasdaq)

(RTTNews) – Reversing from early morning uptrend, the Swiss currency slipped against the Japanese unit in early trading on Wednesday. The franc fell to a 2-day low of 76.66 against the yen by 6:30 am ET, down from a 6-day high of 78.52 hit early in the morning. Read more….

Canadian Dollar Weakens Against Most Majors (Nasdaq)

(RTTNews) – After a downtrend in early European session, the Canadian currency edged up against most of its major counterparts during New York morning deals on Wednesday. The loonie climbed to 5-day high versus the US dollar and 2-day high against the yen during the same time. Read more….

Euro May Extend Drop on Eastern Europe’s Slump, Economic View (Bloomberg)

Feb. 5 (Bloomberg) — The euro may extend its decline against the yen and dollar on speculation the slump in Eastern Europe will cause the regional economic slowdown to deepen. Read more….

3 Reasons Why the Dollar is Higher

The US dollar traded higher against the Euro and commodity currencies but remained unchanged against the British pound and Japanese Yen. The strength of the dollar can be attributed to three primary factors. Read more….

Japan Intervention Hinges on Yen Moves, Not Level, Gyohten Says (Bloomberg)

Feb. 5 (Bloomberg) — Japan will consider intervening in the currency market based on the pace of the yen’s appreciation as opposed to the level at which it trades, a former Finance Ministry official said. Read more….

Swiss Franc Soars To 6-day High Against Yen (Nasdaq)

(RTTNews) – During Asian deals on Wednesday, the Swiss franc showed mixed performance against its major counterparts. While the franc climbed to a 6-day high against the yen, it recovered early losses against the dollar. Read more….

Japan’s Yen Rises Against Euro, Dollar on U.S. Stimulus Concern (Bloomberg)

Feb. 4 (Bloomberg) — The Japanese yen rose against the euro and the dollar as traders sought refuge in the currency amid concern the U.S. fiscal stimulus plan will meet Senate resistance and widening credit losses will erode earnings. Read more….

Japanese Yen, Stock Link to Break, Bank of Tokyo’s Fink Says (Bloomberg)

Feb. 4 (Bloomberg) — The link between movements in stock prices and Japanese yen may weaken after the Bank of Japan said it will buy shares of financial companies to help ease credit markets, according to Bank of Tokyo-Mitsubishi UFJ Ltd. Read more….

Canadian Dollar Slides To 1-week Low Against Euro (Nasdaq)

(RTTNews) – During early deals on Wednesday, the Canadian dollar weakened to a 1-week low against the euro. Against the currencies of US and Japan, the Canadian dollar pared the gains it posted in early Asian trading. The loonie thus fell from a 2-day high against the greenback and the yen. Read more….

Swiss franc shows mixed trading against majors (Nasdaq)

(RTTNews) – Tuesday, the Swiss franc showed weakness against the US dollar and the Japanese yen. On the other hand, the franc reversed its Asian session’s downtrend against the European currency and the British pound. The franc thus recovered from a 4-day low against the euro. Read more….

Dollar, Yen Fall as Efforts to Support Growth Pare Haven Demand (Bloomberg)

Feb. 3 (Bloomberg) — The dollar and yen fell against most of the other major currencies as government efforts to revive global economic growth reduced the currencies’ haven demand. Read more….

Taiwan’s Buddhist Master Sheng-yen dies (AFP via Yahoo! News)

Venerable Master Sheng-yen, one of the most respected Buddhist monks in Taiwan, died Tuesday aged 80, his temple said. Read more….

Swiss franc surges further against majors (Nasdaq)

(RTTNews) – Extending previous session’s uptrend, the Swiss currency advanced further against its major counterparts during New York morning deals on Tuesday. The franc climbed to new multi-day highs against the US dollar and the yen during the same time. Read more….

Swiss Franc Declines To New Multi-day Lows Against Dollar And Yen (Nasdaq)

(RTTNews) – Monday, the Swiss franc tumbled to new multi-day lows against the dollar and the yen as Switzerland’s PMI declined to an all-time low in January. Read more….

Dollar, Yen Rise as Economy Stokes Haven Demand; Pound Tumbles (Bloomberg)

Feb. 2 (Bloomberg) — The dollar rose to an eight-week high against the euro and the yen advanced as the deepening economic slowdown stoked haven demand for the currencies. Read more….

Yen Gains as Deepening Economic Slowdown Stokes Haven Demand (Bloomberg)

Feb. 2 (Bloomberg) — The yen rose against most of the major currencies as the deepening global economic slowdown stoked demand for Japan’s currency as a haven. Read more….

Canadian Dollar Slides To 1-week Low Against Yen (Nasdaq)

(RTTNews) – Monday, the Canadian dollar edged down against the currencies of US, Europe and Japan. The loonie thus fell to a 1-week low against the yen. Meanwhile, the loonie eased from a new multi-month high against the aussie. Read more….

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