The US dollar heavily plunged against the Japanese Yen and Swiss Franc on the latest disappointing US economic data showing reduced US home prices and consumer confidence. The US dollar declined to 82.11 versus the Japanese Yen as compared to 82.81 as on late Monday. The pair USD/YEN reached the day’s...

The Euro recovered against the greenback on Tuesday’s trading session but showed resistance at $1.40 on concerns about Irish and Portuguese debt. Euro surged to $1.3823 on high buying in Asian and Middle East trading sessions on the news of successful Greek T-bill auction. The Euro later hit the level...

The dollar index DXY, the measure of US dollars activity against its six major counterpart currencies surged to 77.006 from 76.979 as on Monday. However the US dollar remained under pressure in the start of the session against the Euro and British Pound on the news of successful Greek bill auction. The...

The Euro dropped against US the dollar in overnight trading. The pair EUR/USD declined 0.13% to 1.4122 on Thursday. Analysts believe that pair will see support at 1.3864 while resistance can be seen at 14.182 which was also the day’s high on Wednesday. The Euro also declined against the Japanese Yen...

The US dollar advanced 0.1 percent to 80.56 against the Japanese Yen.  The Japanese Yen has declined on the rumor of Japanese government intervention to weaken the currency. Japan’s finance minister again the confirmed his warning on possible government intervention to weaken the Yen. The Japanese...