USD Lower, New Home Inventories Drop, Stocks Rise
USD Lower, New Home Inventories Drop, Stocks RiseUSD: Lower, durable goods beat estimates, new home inventories drop, stocks rise, China diversificationJPY: Higher, Japans Financial Service Agency limits leverage on currency margin tradingEUR: Higher, supported by report of improving German IFO and gains in cross trade to GBPGBP: Higher, reverses losses, Q1 GDP falls more than […]
Global Stocks Rally Weakening Yen, but Greenback Still Gains on Euro
Global Stocks Rally Weakening Yen, but Greenback Still Gains on Euro
AUD/JPY - Aussie Rises as Global Equities Rise Increasing Risk Appetite
The Yen Drops Sharply as Stocks Rise and Carry Trades Hit High
The Yen Drops Sharply as Stocks Rise and Carry Trades Hit High
The Japanese yen declined against the dollar and the euro as stocks rallied on speculation the global financial crisis is easing, damping demand for the currency as a haven. The yen fell against all of the 16 most-actively traded currencies. “There’s a sense the […]