Posts Tagged ‘dollar’

Forex – Yen extends gains against dollar, breaking below 91

Forex Pros – The yen extended its gains against the U.S. dollar on Tuesday, breaking below the 91 mark, after the Bank of Japan released the minutes of its January policy board meeting. 
USD/JPY shed 0.3% to hit 90.88 during early European trade, a 3-day low. The pair was likely to find support at 90.14, last [...]

Dollar Reaches 9-Month High against the Euro

The Dollar rallied against the Euro yesterday, gaining over 200 pips. The EUR/USD pair reached a 9-month low as a result, dropping to the 1.3670 level. The Dollar also gained about 200 pips vs. the Pound today, marking an extremely bullish session.

The Dollar’s bullish trend continued yesterday. It appears that the risk-aversion is currently dominating [...]

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