Jul 012014
Trade Idea Wrap-up: EUR/USD – Buy at 1.3650
As the single currency has eased after intra-day brief rise to 1.3700, suggesting minor consolidation would be seen and pullback towards the Ichimoku …
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Dollar slightly higher against yen on Nikkei gains
In other currency trading pairs, the euro fell to $1.3685 from $1.3692, while the common currency rose to Y138.80 from Y138.74. The WSJ Dollar Index …
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USD suffered losses against major rivals on Monday
… after comments from one Federal Reserve Member promoted the US currency as a cheap but very reliable funding currency for risky carry trades.
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Lew says China's currency still undervalued
Lew said that the yuan, or renminbi, has appreciated 14 percent since 2010, when China began taking small steps to allow its currency to trade more …
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