Tag Archives: AMEX:FXY
Quiet Monday Has Yen Testing Support
Now that the Bank of Japan has settled on its new QE plan, extension of the old one to the tune of ¥10 trillion more purchases of various types of… Read more
German High Court Upholds ESM, Euro Rises
In a decision that should have come as no surprise to anyone that understands what the role of the courts in a democracy truly is, the German high court upheld… Read more
US Dollar Breaks Down on Eve of Fed Meeting
Tomorrow, September 12th may be Armageddon day for the U.S. Dollar (AMEX:UUP) as there are two events that will hit the market in what might be the financial equivalent of… Read more
US Treasuries Continue to Fall, Equities Hold
If one takes a quick peak at the charts one will see that July 23rd marked a turning point in the bond and currency markets. The Euro hit its low… Read more
Yen Rallies Hard on BoJ Holding Firm
The Bank of Japan on Friday made it clear that while they stand ready to support their banks in the case of a Greek exit from the Euro following this… Read more
Gold Recaptures $1600 as Spain Bailout Hope Fades
At this point fading any strength in the Euro is a very safe trade. Until German Chancellor Angela Merkel accepts some form of pooled European debt solution, the Euro will… Read more
