Japanese yen strengthens across the board today after another round of poor services data from around the world. Released in US session, ISM non-maufacutring index dropped to record low of 37.3 in Nov, suggesting contraction in services section is accelerating. Price paid index dropped sharply from 53.4 while employment component…
Intraday outlook in EUR/USD remains neutral for the moment. Consolidation from 1.2329 is probably still in progress inside converging range, probably in form of triangle. Hence, upside of recovery from 1.2562 should be limited below 1.3080 resistance to complete such consolidation. On the downside, below 1.2562 will bring retest of…
Yen gains against majors in currency tradingThe <a href=”http://www.bloomberg.com/apps/news?pid=20601083&sid=aenlaXzHmRqY&refer=currency” target=”_blank” title=”Japanese yen, yen FX trading, FX trading, forex market, euro forex trading, risk aversion, carry trade, yen currency trading”>Japanese yen continues its rise in FX trading on the currency market today. The yen is gaining against most of the other majors in currency trading this morning, especially against the euro and the sterling.
economic worries continue to make the Japanese yen attractive to traders with its stability and lower risk. Additionally, the risk aversion infecting the forex market is contributing to a continued unwinding of the carry trade, which benefits the Japanese yen.
Some of the other currencies falling to the Japanese yen in FX trading include:
- Swedish krone
- New Zealand dollar
- Australian dollar
See Also
Yen gains against majors in currency tradingThe <a href=”http://www.bloomberg.com/apps/news?pid=20601083&sid=aenlaXzHmRqY&refer=currency” target=”_blank” title=”Japanese yen, yen FX trading, FX trading, forex market, euro forex trading, risk aversion, carry trade, yen currency trading”>Japanese yen continues its rise in FX trading on the currency market today. The yen is gaining against most of the other majors in currency trading this morning, especially against the euro and the sterling.
economic worries continue to make the Japanese yen attractive to traders with its stability and lower risk. Additionally, the risk aversion infecting the forex market is contributing to a continued unwinding of the carry trade, which benefits the Japanese yen.
Some of the other currencies falling to the Japanese yen in FX trading include:
- Swedish krone
- New Zealand dollar
- Australian dollar
See Also
Yen gains against majors in currency tradingThe <a href=”http://www.bloomberg.com/apps/news?pid=20601083&sid=aenlaXzHmRqY&refer=currency” target=”_blank” title=”Japanese yen, yen FX trading, FX trading, forex market, euro forex trading, risk aversion, carry trade, yen currency trading”>Japanese yen continues its rise in FX trading on the currency market today. The yen is gaining against most of the other majors in currency trading this morning, especially against the euro and the sterling.
economic worries continue to make the Japanese yen attractive to traders with its stability and lower risk. Additionally, the risk aversion infecting the forex market is contributing to a continued unwinding of the carry trade, which benefits the Japanese yen.
Some of the other currencies falling to the Japanese yen in FX trading include:
- Swedish krone
- New Zealand dollar
- Australian dollar
See Also
Yen gains against majors in currency tradingThe <a href=”http://www.bloomberg.com/apps/news?pid=20601083&sid=aenlaXzHmRqY&refer=currency” target=”_blank” title=”Japanese yen, yen FX trading, FX trading, forex market, euro forex trading, risk aversion, carry trade, yen currency trading”>Japanese yen continues its rise in FX trading on the currency market today. The yen is gaining against most of the other majors in currency trading this morning, especially against the euro and the sterling.
economic worries continue to make the Japanese yen attractive to traders with its stability and lower risk. Additionally, the risk aversion infecting the forex market is contributing to a continued unwinding of the carry trade, which benefits the Japanese yen.
Some of the other currencies falling to the Japanese yen in FX trading include:
- Swedish krone
- New Zealand dollar
- Australian dollar
See Also
Yen gains against majors in currency tradingThe <a href=”http://www.bloomberg.com/apps/news?pid=20601083&sid=aenlaXzHmRqY&refer=currency” target=”_blank” title=”Japanese yen, yen FX trading, FX trading, forex market, euro forex trading, risk aversion, carry trade, yen currency trading”>Japanese yen continues its rise in FX trading on the currency market today. The yen is gaining against most of the other majors in currency trading this morning, especially against the euro and the sterling.
economic worries continue to make the Japanese yen attractive to traders with its stability and lower risk. Additionally, the risk aversion infecting the forex market is contributing to a continued unwinding of the carry trade, which benefits the Japanese yen.
Some of the other currencies falling to the Japanese yen in FX trading include:
- Swedish krone
- New Zealand dollar
- Australian dollar
See Also
Yen gains against majors in currency tradingThe <a href=”http://www.bloomberg.com/apps/news?pid=20601083&sid=aenlaXzHmRqY&refer=currency” target=”_blank” title=”Japanese yen, yen FX trading, FX trading, forex market, euro forex trading, risk aversion, carry trade, yen currency trading”>Japanese yen continues its rise in FX trading on the currency market today. The yen is gaining against most of the other majors in currency trading this morning, especially against the euro and the sterling.
economic worries continue to make the Japanese yen attractive to traders with its stability and lower risk. Additionally, the risk aversion infecting the forex market is contributing to a continued unwinding of the carry trade, which benefits the Japanese yen.
Some of the other currencies falling to the Japanese yen in FX trading include:
- Swedish krone
- New Zealand dollar
- Australian dollar
See Also
Yen gains against majors in currency tradingThe <a href=”http://www.bloomberg.com/apps/news?pid=20601083&sid=aenlaXzHmRqY&refer=currency” target=”_blank” title=”Japanese yen, yen FX trading, FX trading, forex market, euro forex trading, risk aversion, carry trade, yen currency trading”>Japanese yen continues its rise in FX trading on the currency market today. The yen is gaining against most of the other majors in currency trading this morning, especially against the euro and the sterling.
economic worries continue to make the Japanese yen attractive to traders with its stability and lower risk. Additionally, the risk aversion infecting the forex market is contributing to a continued unwinding of the carry trade, which benefits the Japanese yen.
Some of the other currencies falling to the Japanese yen in FX trading include:
- Swedish krone
- New Zealand dollar
- Australian dollar
See Also
Emerging market currency gets boost on FX marketThe <a href=”http://www.bloomberg.com/apps/news?pid=20601083&sid=aZHYNcxNRFXM&refer=currency” target=”_blank” title=”U.S. stock futures, FX market, forex trading, currency market, Brazilian real, real forex trading, risk appetite”>Brazilian real, along with many other emerging market currencies, has been having a tough time in forex trading on the currency market. However, today things are looking up, thanks to a change in U.S. stock futures.
As <a href=”http://blog.gftuk.com/public/item/219314″ target=”_blank” title=”U.S. stock futures, FX market, forex trading, currency market, Brazilian real, real forex trading, risk appetite”>U.S. stock futures point higher today, the emerging market currency is seeing a boost on the FX market. The Brazilian real is seeing benefits from a slight return to a degree of risk appetite.
When risk appetite is increased, as sometimes happens when equities gain, local high-yielding assets are often found to be in favor in forex trading.
See Also
