yen

After much alarm sounding but being ignored by the market, as USD/JPY was pushed all the way down below 75.575, Bank of Japan finally intervened on Asia's monday morning to stem Yen's rising strength. In a matter of minutes, USD/JPY surged past 78 and proceeded to top out 79.5 before settling back...

Moody's Investors Service on Tuesday downgraded its ratings of Italian bonds to A2 with a negative outlook, down three levels from the previous rating of Aa2. Moody's Investors Service went on to say that all but the highest rated eurozone countries were also under pressure and could face future...

In a time where banks are raising their fees and charging consumers for using their debit cards, going bankless and using other means of payment has caught on. About 1 in 5 people are reported to have gone bankless and have resorted to gift cards as a means of payment and consumption. People are...

Japan is going to continue to make threats but I still don't see intervention. Based on the recent comments and today's talk about helping out in Europe I  think the priority right now is to work on a long-term solution. The causes of yen strength have been cited as uncertainty in Europe and...

Interesting divergence between S&P 500 futs and gold today:  Interesting times. With the Swiss franc and Yen seemingly off limit due to the thread of central bank intervention, it looks like gold could cement its place as the go to safe haven. 

Forex observers have been awaiting a big move in the Japanese yen as upside pressure on the unit has been maintained in light of growing volatility in global markets. The slide in equity markets around the world that has robbed overall valuation by some $6 trillion in recent weeks has raised...

Forex observers have been awaiting a big move in the Japanese yen as upside pressure on the unit has been maintained in light of growing volatility in global markets. The slide in equity markets around the world that has robbed overall valuation by some $6 trillion in recent weeks has raised...

By W+W Research (eToro Blog) The Japanese trade balance came to a surplus of 72.5 billion Yen in July. The results almost came in line with analyst expectations. Last month Japan reported a trade balance surplus of 68.6 billion Yen. Even though there was a trade surplus for the past two months,...

The French economy unexpectedly stagnated during the 2nd quarter, according to France's National Institute of Statistics and Economic Studies, which reported that France's 2nd quarter economic growth rate was 0% and that consumer spending fell 0.9%. The news is troubling because France is the...

A day after Switzerland acted to weaken the Franc, Japan moved Thursday to tame the Yen's strength by selling one trillion Yen, or more than $12 billion. Japan's action today sent the dollar up against the Yen and most major currencies, including the Euro and Pound Sterling. Finance officials have...