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Day: July 8, 2013
July 82013
Yen Continues to Show Weakness
Japanese yen continues to show weakness today, although it is showing some gains against a weak US dollar. For the most part, though, yen is likely to remain vulnerable against its major counterparts. Japanese yen is lower against the euro and the UK pound today, even though it is gaining against the US dollar. With the idea that the Fed will begin tapering its asset purchase […]
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July 82013
Uncertain Greek Outlook Doesn’t Phase Euro
After last week’s crash, the euro appears to be starting this week on a slightly better note. Even with uncertainty surrounding Greece, the euro is managing to log gains today. Concerns about whether or not Greece will be able to meet the obligations placed on it by the bailout program instituted by the ECB and IMF are having very little negative impact on the euro right now. However, things could change later […]
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