Category forex

Euro Slides Against Yen

Euro falls 0.5% to near 184.00 against the Yen The Euro has declined almost 0.5% to near 184.00 against the Japanese Yen during the European trading session on Thursday. The sudden strong upside move in the Japanese Yen appears to be the result of suspected interventi

AUD Trades Sideways Against USD

AUD/USD slips into consolidation The AUD/USD has entered a tight consolidation phase after a strong rebound to 0.6930. The currency pair is trading between 0.6883 and 0.6921, closing at 0.6894. Intraday range trading is expected between 0.6880 and 0.6920.</

USD/JPY Drops Sharply

USD/JPY falls steeply in a short timeframe The USD/JPY exchange rate has experienced a quick and steep fall. This drop is one of the steeper falls given the five to ten minute timeframe. The reason behind this fall is not entirely clear, but it may be due t