Day: April 8, 2009

April 8
2009

Yen and Dollar Continue Their Advancement

Both the U.S. dollar and the Japanese yen continued their growth on the Forex market today as the yesterday’s stock trading sessions were negative and today’s Asian session ended in the red zone. The dollar rose against the euro for the third day today and declined against the yen for the second one as the Japanese currency still remains the unquestionable […]

Read more
April 8
2009

Dollar Grows against Euro for Third Day

EUR/USD is falling for the third day today. It’s currently in the red zone but the most of the daily fall is in the past — in a form of a rather long downward spike. Traders expressed almost no reaction to the today’s U.S. fundamental news. EUR/USD is currently trading near 1.3229. Wholesale inventories were down by 1.5% in February compared to January’s level. A 0.7% decline was reported a month ago. Market participants expected a 0.6% […]

Read more