| Japanese Yen May Strengthen Further As Risk Sentiment Falters (DailyFX) Fundamental Forecast for the Japanese Yen: Bullish - DJP Loses Majority in Upper House - Bank of Japan Holds Key Rate at 0.10% - The Speculative Run in Capital Markets Starts to Flag on the Absence of Fundamentals The Japanese Yen rallied to a fresh yearly high against the greenback, which pushed the USD/JPY to 86.25, and the low-yielding currency may continue to appreciate over the following week as investors scale back on their appetite for risk. finance.yahoo.com |
Nikkei Falls on Strong Yen (at The Wall Street Journal) Nikkei Falls on Strong Yen Japanese shares fell as weak economic indicators and a strong yen dragging down most exporters despite upbeat results from blue-chips such as Sony. us.rd.yahoo.com |
European Currencies Bounce Back To Maintain Narrow Range [DailyFX] - The British Pound pared the overnight decline ahead of the North American session, and the exchange rate may hold steady going into the end of the week as the economic docket remains fairly light for Friday. finance.yahoo.com |
Currencies: Dollar extends losses after U.S. data [at MarketWatch] - The U.S. dollar also succumbs in the face of rumors of Japanese intervention to sell the yen. us.rd.yahoo.com |
Wall Street Balances Jobs Data With Earnings The euro and the yen continued to strengthen Thursday, and the head of the I.M.F. warned of the risk of a currency war. nytimes.com |