Market News

The U.S. Dollar gained during the Asian trading session after the release of the most recent minutes from the Federal Reserve’s latest policy meeting in January.

The Japanese Yen firmed against its major rivals, with the rise attributed to investor uncertainty as to how the Japanese government will move forward with what had been clearly viewed as an aggressively loose monetary policy now that there are signs of dissension among officials, including a delay in the naming of the next Bank of Japan governor.

The Euro continues to edge lower against the U.S. Dollar following comments made yesterday by Mario Draghi, the head of the European Central Bank, who noted that the Euro’s recent rise was a risk to the Euro area’s economic outlook as well as to inflation.

The Japanese Yen weakened broadly during Monday’s trading session in Asia after the expected chastisement by the G20 members of the Japanese government’s outright manipulation of the currency failed to materialize.

The Japanese Yen gained versus both the U.S. Dollar and the Euro during the Asian session earlier as investors await some clarification from conflicting commentary out of the G20 meeting which is being held in Moscow.

The Japanese Yen edged lower against its two main rivals, the U.S. Dollar and the common currency Euro, as market players await a policy decision from the Bank of Japan which is due in a short while.

The Japanese Yen firmed during the Asian session earlier following a sharp rise inspired by investors who cut their bearish holdings after one G7 official expressed the members’ concerns about the Yen’s recent movements.

The Japanese Yen held close to its recently struck low versus the greenback during the Asian session earlier following comments made by an official of the U.S. Treasury Department in support of the Japanese government’s efforts to end its prolonged period of economic stagnation.

During the Asian trading session, the common currency Euro had slipped to a 2-week trough against its main rival the U.S. Dollar, and continues to edge off the 15-month peak struck on February 1st as markets take time to digest the ramifications of last week’s political dissension in Spain and Italy and comments made by the ECB chief, Mario Draghi.

One day after the European Central Bank expressed its concerns with the recent rise of the Euro, the common currency held steady close to a 2-week trough against its main rival, the U.S. Dollar.

The Euro slipped against both the greenback and the Japanese Yen during Asian trading hours as investors take a wait and see approach ahead of the European Central Bank’s policy meeting decision which will be announced later today.

The Japanese Yen fell broadly during the Asian trading session while investors consider the next probable Bank of Japan governor who will be called to act as the government’s puppet in their quest to bring the Japanese economy back to health.

During the Asian trading session, the Euro gave back some of its previous gains as investors consider the political fallout in two of the Eurozone’s largest economies, specifically Italy and Spain.

A new week began much as the old week did, with the Japanese Yen under unrelenting sell pressure as investors wonder how far the Japanese central bank will have to ease in order to bring under control several years of dogged deflation.

The Japanese Yen was broadly lower during Friday’s Asian trading session, posting the largest monthly drop against the Euro in more than a decade as investors ready themselves for the Bank of Japan’s aggressive easing measures.