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Forex Trading Foreign Money Exchange News

Forex: EUR/JPY resumes its fall after brief recovery

FXstreet.com (Córdoba) - Even though the Nikkei is trading in the red today in Asia, the Euro common currency managed to move somewhat higher against the Yen at the beginning of the Tokyo session.

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Forex: USD/JPY dips to fresh 15-year low at 83.33

FXstreet.com (Barcelona) - The Yen soared across the board on Tuesday, favoured by deteriorated sentiment in the markets, and USD/JPY retreat from 85.20 on Friday extended first to 83.50, to reach a fresh 15-year high at 83.33 during Wednesday's Asian session.

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Forex: GBP/USD bounces at 1.5300 and returns to 1.5400 area

FXstreet.com (Barcelona) - Pound's retreat from Monday's high at 1.5490 extended lower on Tuesday amid broad based risk aversion and the pair broke below support area at 1.5345/55 to hit fresh 5-week low at 1.5295, where the Sterling found support to advance during Asian session, reaching 1.5400 high ahead of the European opening.

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Forex: EUR/USD picks up to 1.2725 after bouncing at 1.2675

FXstreet.com (Barcelona) - Euro retreat from 1.2920 resistance area om Monday accelerated on Tuesday, amid increasing demand for safety on the back of fresh banking concerns, and the pair plunged 200 pips on the day, to bottom at 1.2675 and pick up in Asia, reaching 1.2725 so far.

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Forex: Yen advances in Asia; USD/JPY dips to 83.32

FXstreet.com (Córdoba) - The Japanese Yen continues in a rising path against its major counterparts this Wednesday in Asia as risk aversion intensifies on speculation the Fed's Beige Book survey will signal the US recovery is freezing.

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