WORLD FOREX: Yen Falls To Seven-Month Low Vs Dollar - Wall Street Journal


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WORLD FOREX: Yen Falls To Seven-Month Low Vs Dollar
Wall Street Journal
By Anusha Shrivastava and Matthew Walter Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--The yen fell to its lowest level against the dollar in seven months on Wednesday, hurt by the Bank of Japan's stepped-up efforts to revive the Japanese economy.
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FOREX-Euro at 2-1/2 mth high vs dlr on strong German Ifo - Reuters

FOREX-Euro at 2-1/2 mth high vs dlr on strong German Ifo
Reuters
Central banks in oil producing countries, whose revenues tend to come in dollars, hold their foreign exchange reserves in range of currencies. DOLLAR/YEN OFF HIGHS The dollar fell 0.15 percent against the yen to 80.15 yen, off a seven-month high of ...

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WORLD FOREX: Yen Falls On Profit Taking, Trend Remains Upward - Wall Street Journal

WORLD FOREX: Yen Falls On Profit Taking, Trend Remains Upward
Wall Street Journal
"Although it fell slightly, the greenback's trend is definitely upward," said Mitsuru Sahara, chief foreign exchange manager at Bank of Tokyo Mitsubishi-UFJ. Even before the surprising easing move by the Bank of Japan last week, there were large flows ...

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Analysis - China's offshore yuan market spurs FX volatility - Reuters

Analysis - China's offshore yuan market spurs FX volatility
Reuters
This has exposed the onshore forex market to more dramatic ebbs and flows. "The episode may have signalled a permanent change in the pattern of the exchange rate's movement," Yu Yongding, a former member of the People's Bank of China's (PBOC) monetary ...

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FOREX-Yen, pound pressured; euro surprisingly resilient - Reuters

FOREX-Yen, pound pressured; euro surprisingly resilient
Reuters
Part of the reason for the yen's weakness is the Bank of Japan's surprise easing last week and growing momentum as key support levels give way, spurring more selling in the Japanese currency. The market also took aim at sterling after minutes of the ...

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WORLD FOREX: Sterling Dives On BOE Minutes, Euro Stays Flat - Wall Street Journal

WORLD FOREX: Sterling Dives On BOE Minutes, Euro Stays Flat
Wall Street Journal
By Alexandra Fletcher Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Sterling tumbled in European trading hours Wednesday on news that some policymakers at the Bank of England voted for more aggressive bond-buying to boost the UK economy, while the euro ...

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Turkey Central Bank Meets Tuesday, Forex Reserves In Focus - Wall Street Journal


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Turkey Central Bank Meets Tuesday, Forex Reserves In Focus
Wall Street Journal
"We see a small but real chance that the central bank will use the positive momentum in global financial markets to announce the rebuilding of forex reserves at or shortly after tomorrow's meeting," the note added. The prospect of foreign exchange ...
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