Posts Tagged ‘Yen’

How pricing is determined for certain currencies

Posted by Tushar Mathur on March 17th, 2012

The execution of Forex trading in different international currencies like that the USD, sterling, pound, euro, yen, Australian dollar, franc, Canadian dollar etc. this operation is done by the interbank else Over the Counter (OTC) via 24/7 concept all over the world. This execution of the transaction by the traders is done via purchasing as well as selling of the currencies.

The traders also have the option of operating the trading of currency online via the registered brokers. One has to be of 18 years of age in order to be eligible for trading. One can begin with only US $500 for trading in all kinds of currencies.

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Euro rose against dollar with euro debt crisis and pressure on ECB

Posted by Tushar Mathur on November 20th, 2011

On Friday the euro has rosin against the dollar however few days back it was 5 week low against both the dollar and yen. However, the traders were not aware of its rise anyway. The fear of euro was intensifying before a week and it is not anymore. The investors who had their bet on this single currency “euro” have been unwounded and they have their profits in hands.

The thirst to sell the upticks has been increased with the debt crisis in the euro zone. Pressure is been resting upon the ECB (European Central Bank).

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Currency markets for yen is weakened

Posted by Tushar Mathur on August 6th, 2011

The currency markets value on Thursday doesn’t seem to support the yen range, and hence it is weaken. To ensure and safer from the spectacular rises, the nation’s economy would collapse if it is higher. In a bid of this circumstance it has failed. At the GMT it started its ground fall at 01:00 and approximately at 02:35. Their rise was abruptly marked as 78.76 dollar and however it was previously at 76.99 dollar.

Now as a chain reaction and as an impact of yen weakening, the Japanese unit seems to weaken against the euro.

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Euro tumbled down against dollar

Posted by Tushar Mathur on July 15th, 2011

On the Tuesday trade the euro has been dropped against dollar for a record of four month low. The reason the low would the plague at global market and fear that whether the Greece debt crisis would spread all over. The Spain and Italy was the region of target that had more chance in spreading up. In Tokyo trade rate the single currency valid at $1.3958 and they have dropped from $1.4029.

In the New York trade rate on Monday it was around $1.4029 and they reached slowly down and now at the four month low record at $1.3932.

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On the fresh sale of dollar, rupee recovered 17 paise

Posted by Tushar Mathur on April 17th, 2011

On the Friday trade, rupee recovered about 17 paise against dollar and at the end of the trade it was at 44.33/44.34. As the dollar value in overseas have been at reduce, the stage seems to continue by some traders on their sale of dollar.

The benchmark value of BSE has been fallen down in an uncontrolled way from 434 to 310, which was at 2.25 points and now to 1.57 points. Food inflation rate has been gradually decreased and reached 8.28% and previously it was at 9.18%. However, the inflation at general is now at 8.98% from 8.31%.

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Rupee recovers against dollar

Posted by Tushar Mathur on March 31st, 2011

On Tuesday, rupee recovers against the US dollar on easing of crude oil prices and bullish local equities.  The rupee touches the value of Rs. 44.78/ 19 against US dollar. According to the dealers, the rise in the rupee is mainly due to the increased portfolio investments and local equities. Dealers said that the support is increased for the rupee recovery. In straight six-session of gains on sustain Foreign Institutional Investors (FIIs), the Bombay Stock Exchange benchmark shows increase in the total by 177.66 points or 0.94 per cent. This increase helps the benchmark to touch a total of 1,281.75 points or 7.18 per cent.

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Rupee had its tough time with local shares

Posted by Tushar Mathur on March 13th, 2011

Due to some issues in the domestic local shares and weaker Asian peers the rupee has been drifted little low. At the end of the week it was at 45.24/25 per dollar however, it was at 45.18/19 on the edge of Thursday which was 0.1% weak.

Head of the forex (foreign exchange) trading at the HDFC bank at Mumbai, Ashtosh Raina said that the value of dollar will be rising at an effect of tsunami at Japan. This fact has reduced the value of rupee against dollar. The combination of both rise and fall seem to occur at trade.

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Euro claims higher against dollar

Posted by Tushar Mathur on March 1st, 2011

In the trade market the common factor that is being discussed is about the issues of dollar value weakened in overseas. Euro claimed higher than the dollar value. The price rise is mainly due to the anti inflation signal provided to the European countries and by the central bankers.

 

The trade on the Monday had notified the increase in the value of euro. The value of euro on Friday trade was at $1.3749 and it reached $1.38 and then climbed little higher to $1.3803 on the trade value today (Monday).

 

Dollar has tried to reach little high against yen when compared with the Friday trade market range.

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Range of Dollar value is in advance of the British data, G20

Posted by Tushar Mathur on February 19th, 2011

Watching the status of dollar from the opening of trade it doesn’t seems to neither trend up nor trend down, a range bound seems to exist. A meeting, G20 is planned to be held in the weekend so as to discuss the market range.

The investors are eagerly expecting towards the release of sales data from London so as to get an idea of the bank of England and their planning on the hike and interest rate. Deputy General Manager, Hideki Amikura at the trust and banking situated at Namura said that the market trade at Asia is little lifeless.

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Extended gains in the value of rupees

Posted by Tushar Mathur on February 18th, 2011

During the trade in the interbank foreign exchange took place today and at its initial stage (early trade) rupee gained about 11 paise to Rs.45.41 against the war with the dollar. During the previous session on Tuesday, the value was too deprecated to 3 paise and it was near 45.52/53 against dollar.

The market of foreign exchange was closed on Wednesday in the name of Milad-un-Nabi (local holiday). However, it become to action from Thursday morning. On the opinion of the dealers, they said the reason for the gain of rupees is due to the weakness of the dollar that is being noticed in some of the Asian countries.

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Euro rose against the dollar

Posted by Tushar Mathur on February 16th, 2011

Values of Euro have risen against the dollar in Asian trade believing that it would help in reconstructing the deal with the German leader. From $1.3488 it has stretched to $1.3526 in the trading market. The currency value of yen has been raised from 112.97 to 113.27 in the nights of Tuesday.

The dollar traded value in the means of yen has been little high in one point range. Their value has reached 83.93 yen from 83.74 yen. Yuzo Sakai, manager of FX business promotion situated at Tokyo Forex said the concern with the westLB has disturbed the euro in past few days.

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Real Rebounds on Brazilian Stock Market

Posted by admin on January 18th, 2010

After a week of losses versus most of the main traded currencies in foreign-exchange markets, the Brazilian real advanced today fueled by a positive performance in commodities and equities markets. The Brazilian real gained today versus the yen and the U.S. dollar as demand for commodities and optimism regarding the nation’s economy allowed the South American currency to revert a negative trend that lasted five consecutive days. A great sum of capital inflows to Brazilian stocks also influenced on the good performance of the real this Monday. USD/BRL traded at 1.7661 as of 19:54 GMT from an opening rate of 1.7715.

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Dollar Profits From Global Economic Pessimism

Posted by admin on January 16th, 2010

This Friday’s shift in market sentiment allowed the U.S. dollar to post a weekly advance versus most of the main higher-yielding currencies, as risk aversion rose globally and traders opted by the relative safety provided by dollar-priced assets. The dollar gained significantly versus commodity producer currencies like the Brazilian Real and the Australian dollar towards the end of this week as China’s new lending restrictions raised concerns that demand for raw materials may decline in the country, affecting exports from these countries. The dollar also reverted a losing trend versus the euro and ended the week with a positive result as some of its member countries increasing budget deficit are raising speculations that the currency attractiveness may be impacted among traders, making the European single currency to drop sharply in this week’s last trading session.

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Canadian Dollar Rebounds After Bearish Days

Posted by admin on January 13th, 2010

The Canadian dollar profited from a higher risk appetite session today and rebounded versus the yen and its U.S. counterpart as equities rose in North America, allowing the correlated loonie to profit from this trading scenario. After two days losing in currency markets as concerns that the Canadian economic recovery is not as robust as analysts suggested, the loonie rebounded today, profiting from a positive performance of stocks and commodities, which have an extreme influence in the Canadian currency rates as raw materials exports are responsible for a big cut on the country’s international trade. The Canadian dollar also benefited from a less attractive U.S.

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The dollar is recovering losses against euro on speculation that the Fed may signal a tightening of monetary policy

Posted by admin on October 27th, 2009

Having traded strongly against the dollar in the early session, the euro surrendered gains in the afternoon session, pulling the price down sharply to close a $1.4873. Initially, the greenback hit a fresh 14-month low versus the euro after the Beijing-based Financial News revived concern over the status of the dollar, stating that China should raise the amount of yen and euros held in its foreign-exchange reserves.However, the dollar pared its losses after the author of the report said that it was purely a “personal view”.In addition, the issue of diversification has been a topic for quite a while and the impact of the news was short-lived.

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