Market News

An overview of the EU markets including Greece, Portugal, and Spain

On March 25, 2009, as reported at 3:42 p.m. (JST) in Tokyo, the Japanese Yen climbed against the Australian Dollar and the single currency Euro as the Asian currency got some relief after its fall the previous day.

As reported at 12:55 p.m. (JST) on March 24, 2009 in Tokyo, the Japanese Yen fell broadly to hit a 5-month low versus the Euro and a more than 4-month low against the Australian Dollar

As reported at 9:28 a.m. GMT on March 23, 2009 in London, the U.S. Dollar continued to sag as risk appetite improved after details of a U.S. arrangement to remove so-called toxic assets from banks’ balance sheets was revealed.

Last weekend, Ben Bernanke took an unprecedented gamble for a sitting Fed Chairman: he granted a long-form interview to 60 Minutes, America 's most watched news program.

As reported at 2:52 pm (JST) on March 19, 2009 in Tokyo, the U.S. Dollar climbed higher after suffering its biggest single day plunge in more than 20 years as the Federal Reserve surprised investors by announcing that it would put more money into the financial system by buying long-term Treasuries.

As reported on March 17, 2009 at 12:20 pm (JST) in Tokyo, the Euro was close to the recent 1-month high against the U.S.

As reported at 3:06 pm (JST) on March 17, 2009 in Tokyo, the Euro moved back towards an eleven-week high against the Japanese Yen and a 5-week high versus the U.S.

As reported at 2:56 p.m. (JST), on March 16, 2009 in Tokyo, the U.S. Dollar rose broadly today, with investors looking ahead to this week’s policy meeting by the Federal Reserve Bank, following the recently ended meeting by the Group of 20 finance ministers.

As reported at 2:59 p.m. (JST) in Tokyo on March 13, 2009, the Single Currency rose to a 2-month high versus the U.S. Dollar.

As reported at 1:19 pm (JST) on March 12, 2009 in Tokyo, the Japanese Yen rose by more than 1% against the U.S. Dollar, adding to its steep gains yesterday. Meanwhile the N.Z.

As reported in Tokyo at 4:47 p.m. JST on March 10, 2009, the U.S. Dollar dropped against a group of currencies, retracing much of yesterday’s sharp rise as funds moving into the U.S. Dollar slowed and investors trimmed bets that the Dollar will rise further.

As reported at 8:56 a.m. on March 9, 2009 in London, the Japanese Yen fell broadly as more gloomy Japanese economic data intensified concerns about the extent of the severity of the economic downturn.

On March 6, 2009 in Tokyo trading, the USD tumbled, retreating from a 3-year peak versus a basket of currencies reached earlier this week, as investors prepare for data which is expected to confirm that last month, U.S. job losses increased significantly.

Today in London, the Euro fell to its lowest level in 3 months against the USD on speculation that the President of the European Central Bank is likely to indicate that interest rate in the Euro Zone will keep reducing.