AUD/JPY: Aussie Rises on Chinese Data; Yen Falls as Economy Contracts in Q3

In today’s Asian trades, gains of the Aussie is expected to continue versus the Samurai on better prospects for the Australian economy, which seem to be in contrast to that of the Japanese economy.

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U.S. Dollar Rallies; Boosted by Risk Aversion, Weak U.S. Employment Outlook

The U.S. Dollar Index made a new high for the year, boostedby the sharp sell-offs in the Euro, British Pound and the commodity-linkedcurrencies. Gains were limited slightly by

Euro Drops to 4-year Low ahead of U.S. Jobs Data

After holding steady for a few days, the Euro plungedthrough the recent bottom to post a 4-year low. This morning’s move came as asurprise to many traders who

Euro Lower as Investors Debate U.S. Labor Outlook

Thin trading conditions ahead of the U.S. Non-Farm PayrollsReport on Friday and less than stellar economic news from the Euro Zone helpedto weaken the Euro on Thursday. The

U.S. Dollar weakens as Investors put Risk Back on the Table

The U.S. Dollar finished the day down against most majorcurrencies with the exception of the Japanese Yen. Low volume ahead of Friday’sU.S. Employment report may have contributed to

U.S. Dollar Closes Mostly Higher Boosted by Risk Aversion

The U.S. Dollar finished the first full session back fromthe holiday week-end by posting gains against most major currencies. Riskaversion was the theme today as traders punished the

U.S. Dollar Closes Mostly Higher Boosted by Risk Aversion

The U.S. Dollar finished the first full session back from the holiday week-end by posting gains against most major currencies. Risk aversion was the theme today as traders

British Pound Soars on Speculation

The GBP USD soared 1 percent Tuesday morning boosted byspeculation that U.K.insurer Prudential may withdraw its takeover bid of AIA. The GBP USD soared 1 percent Tuesday morning boosted

U.S. Dollar Rising amid Euro Zone Uncertainty

The U.S. Dollar is trading higher this morning asuncertainty in the Euro Zone is driving investors into the safety of theGreenback. The U.S. Dollar is trading higher this morning

U.S. Dollar Wavering in Thin Holiday Trade

The U.S. Dollar is trading higher at the mid-session afterwavering for most of the morning. Thin holiday trading is the reason behindinvestor indecision today. Thursday’s action was most