Possibillity of yen intervention rises
The yen surged to 15-year low on Friday against the dollar as fading confidence for the global economy have risen demand for the Japanese currency. Will Bank of Japan intervene? The latest move raised...
View ArticleYen strongly decreases in value after intervention
As we previously predicted it became inevitable for Bank of Japan (BOJ) to hold back its plans for intervention. JPY/USD went from 83 yen per dollar to 85.47 shortly after the intervention. Strong yen...
View ArticleYen lacks fundamental strength, says IMF
IMF recently told the press they fail to see any underlying fundamental factors giving the Yen any strength. According to International Monetary Fund, the current value of the Yen reflects long-term...
View ArticleWill the Federal put a stop to the stimulus program?
The online forex trading new on Monday saw the dollar managing to surpass the yen for the first time in five trading sessions, which is welcome news to a number of investors. This relatively expected...
View ArticleWill the dollar strengthen over the next weeks?
In the latest round of online Forex trading news, most eyes are now focused on the federal government of the United States and the quantitative easing that the policymakers will take during the first...
View ArticleYen continue to decline, you should understand why
A good portion of the latest forex trading news has focused on the continued decline of the yen in comparison to its other major counterparts. This benchmark currency took a battering when it emerged...
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