The Japanese yen strengthened across the board on Thursday in early Asian deals. Asian stocks markets are exhibiting mixed trading today. While the Australian, New Zealand, South Korea and Taiwan markets are falling, markets in China, Hong Kong, Singapore, Malaysia are trading higher. However, the Japanese stock market is off on holiday in observance of
During early Asian deals on Wednesday, the euro recovered slightly from a 1-year low against the US dollar, 3-month low against the pound and a 5-week low against the yen. The euro also bounced back against the Canadian dollar. But the euro remained lower against the franc and the Aussie and touched 5-day and 2-day
The New Zealand dollar that declined to a 2-day low against the Aussie in early Wednesday Asian deals recovered some of its losses after a report showed that business confidence in New Zealand rose in April. The kiwi also recovered its early losses against the euro. Against the greenback and the yen, the kiwi moved
In early Asian deals on Wednesday, the US dollar eased from a 1-year high against the euro, 9-month high against the franc and a 9-day high against the pound. The dollar surged up yesterday as investors moved toward safe-haven currencies on renewed concerns about debt worries in some eurozone nations. In a sign of continued
UK’s sterling that trended lower against most majors in early Asian trading started reversing its course at the beginning of the European session as European shares opened higher today. However, it pared its Asian session gains against the Swiss franc and the euro. Market players are waiting for the first quarter GDP report from the
