Search Results for: currencies
Yen Falls Toward Seven-Year Low as Spending Slides; Aussie Drops
November 28th, 2014
The yen tumbled toward a seven-year low and two-year Japanese government bond yields slid below zero after data showed household spending fell and inflation slowed. The yen headed for a monthly loss of at least 1.6 percent against all ...
Asia shares edge higher, oil tumbles to four-year low
November 27th, 2014
Asian stocks hit a one-month high on Thursday as investors bet that more central bank stimulus in China and Europe would shore up the global economy, while oil prices tumbled to a four-year low as hopes for output cuts by ...
Mr. Yen Sees Drop He Forecast Nearing End on Economy
November 26th, 2014
The 14 percent plunge in Japan’s currency since mid-year has about run its course, according to the former Ministry of Finance official known as “Mr. Yen.” Eisuke Sakakibara, who got his nickname in the 1990s for his influence over the exchange ...
Aussie Near 4-Year Low as Lowe Says It May Weaken; Won Advances
November 26th, 2014
Australia’s dollar traded 0.3 percent from a four-year low after central bank Deputy Governor Philip Lowe said yesterday the currency will probably depreciate in line with commodity export prices. The yen was near the weakest level in seven years ...
European Bonds Gain With Stocks as Aussie, Kiwi Decline
November 25th, 2014
Bonds rose and European stocks gained for a third day on prospects for more stimulus as inflation slows. Brent crude traded near a four-year low before a meeting of oil exporters and currencies from commodity-producing nations weakened. Spain’s 10-year ...
Bitcoin Needs an Aggressive Legal Defense
November 25th, 2014
Across the board, bitcoin requires forceful and aggressive legal defense, not complicity with governments in crafting policy and regulations. It’s going to get a lot rougher for bitcoin in the months and years ahead. We have to be prepared. ...
Yen Strengthens on Kuroda Comments as Energy Stocks Slip
November 25th, 2014
Japan’s yen climbed after a speech by central bank Governor Haruhiko Kuroda, and the cost of insuring Japanese debt against default fell the most in two weeks. Asian energy producers retreated as oil held declines before a meeting of ...
Euro Near Two-Year Low as Ifo to Spur Draghi Push; Aussie Gains
November 24th, 2014
The euro was near a two-year low versus the dollar before a German report that economists said will show business confidence declined for a seventh month. The shared currency held declines against most major peers after European Central Bank ...
Friday November 21: OSB Daily Technical Analysis – Currency pairs
November 21st, 2014
OSB Daily Technical Analysis for November 21, 2014 EURUSD sold off in the early session testing the 1.25 handle for support which stood the test of bearish sellers. The dip was bought into by short covering stops triggered at ...
Yen Falls to Seven-Year Low on Election Outlook as Won Drops
November 20th, 2014
The yen declined to a seven-year low versus the dollar amid speculation Prime Minister Shinzo Abe will win elections and extend his economic stimulus program. Japan’s currency dropped against all except one of its 16 major counterparts. A gauge ...
