Traders moving assets to safer, lower yielding currencies appear to be playing a factor in the correction of the major crosses. The USD and JPY, which are seen as a safer bet than others currencies in times of market stress, will likely keep drawing demand as investors stay away from ... Read th ... Read more

The U.S dollar slid 0.8% against the Yen for a second day on speculation the G-8 leaders may question the greenback’s status as the world’s reserve currency. Leaders from the G-8 most-industrialized nations are meeting in Italy today to tackle shrinking economies and risi ... Read the full p ... Read more

The USD witnessed a steady depreciation against most of its major currency counterparts during the morning trading session. The Dollar is currently trading lower against the GBP by nearly 90 pips at 1.6570. It is also trading lower against the EUR and JPY, as investors remain wary of ... Read th ... Read more

Traders moving assets to safer, lower yielding currencies appear to be playing a factor in the correction of the major crosses. The USD and the JPY have been the primary beneficiaries of this trading strategy. Comments by Treasury Secretary Geithner also have been swaying the Dollar. ... Read th ... Read more

The Yen declined against the Dollar yesterday as reduced risk sentiment had traders aggressively pursuing higher yielding currencies throughout the day. The Japanese currency came off a two-week high against both the Dollar and the EUR. Earlier in the day, traders sold off the Yen in anticipation ... Read more

The greenback was traded near the highest level against the Japanese Yen since November. This came about from speculation that the U.S. durable goods report may show a decreasing figure, adding to the drop in home sales which boosted the currency’s appeal as a refuge from the global slump ... ... Read more

Netto’s Numbers 2009 Preview: Structuring and Spreading… In the wake of the bloodiest and most volatile year in decades, much of the trading and investment public is confronted with two prominent ideologies. The first being this record sell off is creating lifet ... Read more