The dollar is declining in comparison to the Japanese Yen on Tuesday, but is little changed against the Euro and the pound sterling. The Bank of Japan decided not to expand its stimulus measures and upgraded its view of the economy. The Bank of Japan on Tuesday decided to retain its target of doubling the
The dollar is little changed against the Euro and the pound sterling at the beginning of the new trading week, but is gaining ground against the Japanese Yen. There has been very little news to drive the direction of trade Monday. The majority of the U.S. economic data that is set to be released this
The dollar is up slightly against its major competitors Tuesday, recovering a bit from the weakness of the previous session. Yesterday’s weaker than expected U.S. manufacturing data has investors thinking that the Federal Reserve will not rein in its bond-buying program anytime soon. Investors will be watching for the release of the U.S. jobs report
The Japanese yen lost ground against other major currencies in the Asian session on Tuesday amid a gain in regional shares. The Japanese market advanced after plunging sharply in early trades on Tuesday. Japan’s benchmark Nikkei 225 index is trading at 14,260, up 0.83% or 117.73 from its previous close. In economic news, an index
The dollar is climbing against all of its major competitors at the end of the trading week. The stronger than expected increase in U.S. consumer confidence helped to assure investors of recovery in the U.S. economy, following the release of some weak data in recent days. Consumer sentiment in the U.S. has seen a substantial
