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Archive for September 25th, 2009

NEW YORK, Sept 25 (Reuters) - The U.S. dollar plunged to its lowest in more than seven months against the yen on Friday, weighed down by comments from Japanese Finance Minister Hirohisa Fujii, who said he opposed deliberately weakening the yen or any …

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TORONTO (Dow Jones)–The yen registered sharp gains Friday during a session in which activity in the dollar and most other currencies featured narrow ranges and little departure from the previous day’s levels. Japan’s currency benefited from …

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FXstreet.com (Córdoba) – The Yen is holding to big gains on Friday. USD/JPY is consolidating below 90.00, after falling to 89.48, posting a 7-month low. The pair rebounded and rose to 89.90. In the last hours the pair moved in a range between with …

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FXstreet.com (Córdoba) – The Euro is moving sideways against the Dollar. EUR/USD is facing resistance at 1.4680, in case the pair break above the next zone to consider is 1.4700. On the downside, support lies at 1.4645 (session low) and below at 1 …

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NEW YORK, Sept 25 (Reuters) - The U.S. dollar sank to its lowest in more than seven months against the yen on Friday, weighed down by comments overnight from Japan’s Finance Minister Hirohisa Fujii saying he was against deliberately weakening the yen …

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FXstreet.com (Córdoba) – Cable is falling again across the board but remains a few pips above the lows of the day. GBP/USD is testing below 1.5940, after the pair failed to hold above 1.6000. Current level at 1.5933/37 is 0.78% below today’s …

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The falling US dollar is expected to get even weaker, moving to the center of a carry trade and encouraging global investors to borrow more dollars to fund higher-yielding currencies and assets. Is this necessarily a bad thing and does this mean the …

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FXstreet.com (Córdoba) – USD/CHF rose to 1.0340 posting a fresh intra-day high but failed to hold above 1.0330. The pair weakened after the opening bell at Wall Street and fell to 1.0240. From there rebounded but Greenback is facing resistance at …

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NEW YORK, Sept 25 (Reuters) - The dollar sank to a 7-1/2-month low beneath the key 90-yen level on Friday after the G20 pledged to keep up emergency stimulus spending until a recovery takes hold, suggesting U.S. interest rates would remain very low …

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NEW YORK, Sept 25 (Reuters) - The dollar sank to a 7-1/2-month low beneath the key 90-yen level on Friday after the G20 pledged to keep up emergency stimulus spending until a recovery takes hold, suggesting U.S. interest rates would remain very low …

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