Market overview

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The USD went up to 85 YEN after receiving the news about the Japanese government intervention. The sum of this intervention isn

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The YEN recovers after the Central Bank intervention. Today the Bank of Japan continues to weaken the yen by adding 1 trillion yen more to the market.
After the government

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Today during the Asian session the USD was down against its principal competitors.

The general situation on markets remains same because of the first Japanese Bank intervention. And it will not be changed while all traders are waiting for the next intervention.

The US Secretary Geithner criticizes China and claims higher Yuan.

Currency turbulence continues while US-China trade war lurks.

Gold and silver skyrocket: Euro/USD reaches 1.31.

The oil stays on $75: before the European session hours the crude oil contracts traded on higher level than usually.

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The US stocks dropped today because of the weak employment figures which confirm that US job market is not in a good condition. The number of claims for unemployment benefits increased.

Today the Oil prices are lower than yesterday. And this decrease depends on the weak euro which fell after the data of purchasing managers indexes have been released.

Regardless of negative unemployment figures in US, the GBP/USD is still under 1.5700.

Jean-Claude Trichet mentions that European Central Bank is ready to take all necessary and unconventional measures in order to avoid the double dip recession.

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There were not official Japanese government actions but nevertheless the USD increased against the YEN based on the market rumors about the next intervention.

The Gold is following its uptrend and reaches a new high record. The unclear US economic recovery supports the rise of the gold prices.

The CEPR (Centre of Economic Policy Research) announces that the European economy loses its growth in September and EuroCoin indicator confirms this fact. The indicator fell from 0, 37% in August to 0,34% in September.

The Euro recovers its positions of yesterday but the fear of the weak euro zone economy still remains on market.

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The USD increased against the YEN on rumours and fear about a new government intervention.

During the Asian session today the EURO decreased against the USD and YEN after profit fixing on the EURO growth at the end of last week.

The Bank of Japan announced that the Central Bank is ready to take further measures for the Japanese economic recovery.

The GBP/USD hits a new high and confirms its uptrend.

The oil starts a new week by strengthening during the Asian and European sessions.

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The Euro is under pressure because new fear on the European economy situation appeared on the markets. Therefore in the morning the EUR/USD pair dropped but then during the day went up to test a new resistance area. And if the EUR/USD can pass this resistance the next mark for the pair will be 1.3600.

The gold prices are decreasing slowly as a result of the Euro weakening.

The oil contracts today were traded at lower level above $76 per barrel.

The GBP/USD in a short space of time dropped from $1.5850 to the fresh low near the area of 1.5774 due to the weak statistic data from the Bank of England.

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In the morning the US stocks were lower than on Tuesday and markets are waiting for new comments from FED. The USD is under pressure based on concerns that Federal Reserve will ease the US monetary policy.

The USD dropped against its principal competitors as a result of waiting for new weak statistic figures from the Federal Reserve. Also the dollar reaches a new low level against the YEN.

The gold traded lower today and it had an influence on the Euro rate.

The central banks of other countries such as Thailand and Singapore are willing to step in markets as it has been already done by Japanese authorities.

During the Asian session today the crude oil contracts were a little higher and supported by strong economic indicators of Asian countries.

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The USD continues to become weak day by day because of market expectations of the US monetary easing. This measure can put the US interest rates at the low level which is unattractive for investors.

The USD dropped against the Yen and lost all gains of the Japanese government intervention.

During the Asian session the EURO/YEN reached the session lows at 113.65.

The Yen has been supported by exporters. And the market analysts expect that the pair downside can remain during the day.

The oil prices went up to the new high based on the negative government report regarding the US oil and fuel inventories.

Gold and silver continue to hit new high records and the prices move higher.

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EURO demonstrates
continued strength

USD weakens towards
most currencies

Gold and silver
reach new record highs

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Because of the weak data on Ireland

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Yesterday the dollar dropped against its competitors and the dollar remains under pressure of fear regarding the next FED measures.

Gold, silver and oil are reaching the new highs during the day after the yesterday

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Yesterday the stock markets increased in Europe because all investors were trading on expectations of US easing after the Bank of Japan decision regarding interest rates. And today this fact has been confirmed again after the good economic data from Jean-Claude Trichet. And European markets go up on these figures.

The Euro is moving higher against the USD based on ECB President

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The USD fells after the weak US employment data have been released. The dollar reached its new 15-year low level against the YEN and this event make all traders worried about next market intervention of Japanese authorities.

Today The Yuan moved to a fresh high against the USD and it

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The Chinese Yuan keeps being strong. The US authorities will start the strong pressure on China regarding the Chinese exchange rate terms. During this weekend it was a meeting of the International Monetary Fund.

Today the Gold contracts were a little lower because of the USD growth against the EURO. But nevertheless the Gold remains being one of the most interesting and perspective assets for investors.

The crude oil contracts traded next to the level of $83. This level has been reached during the European session today.

Today it

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The YEN continues to consolidate and today during the Asian session the USD/JPY and the EURO/JPY dropped and reached new low levels.

The finance minister of Japan declares that Japanese government will take all necessary measures on the yen

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The Yuan continues to rise. The Chinese currency increases considerably during the last 6 weeks.

Today it was a first time in last days when the yen dropped against the euro and the dollar because due to the current market situation investors are willing to buy the risk currency.

The USD decreased against the EURO during the Asian session today according to the information that the US Federal Reserve will continue to use the quantitative easing by buying governments securities.

Also the pair GBP/USD regains on the weak dollar after Federal Reserve comments and during the European session hours the pair reaches the session high. Therefore GBP/USD recovers a little after the yesterday

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The USD dropped against the YEN at 15-year low level on expectations regarding the FED purpose to continue the quantitative easing.

Also because of these expectations of new quantitative easing series which will proceed by FED, the dollar fell against the Euro and GBP.

The oil traded higher today, the contracts were pushed up by the weak USD.

Also the yellow metal is under the FOMC influence and the gold jumped at a new high on the FOMC comments which gave a new wave of fear about the inflation.

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During the Asian session today the Euro /USD moves to lower level after Thursday

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After the comments of Jean-Claude Trichet (the President of European Central Bank) who spoke about the economy perspective and monetary policy, the USD recovered against the Euro due to the fact that Jen-Claude Trichet approved of the government bonds acquisition by Central Bank. The Central Bank is willing to buy bonds from some weak euro-zone countries.
During the Asian session the oil contracts were lower because of the little USD recovery. Therefore the oil futures were quoted $0.50 less before European session has been started.
Also as a reaction on the US dollar recovery, today the main metals quoted on downside especially during the first sessions. And market is waiting for the upcoming economic data to choose the direction.