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Last week, the Japanese yen continued to strengthen at a rate uncomfortable to leaders. As a result, earlier today, the Bank of Japan decided to directly intervene in order to keep the yen lower. Monday’s intervention marks the third time in 2011 that the Japanese have intervened to keep the

US dollar is rising today against major currencies as a safe haven. Concerns about what’s next for the global economy are causing Forex traders to look for safety — and the US dollar is the best choice. Concerns about what’s next for the global economy — especially as it relates to the

The Australian dollar fell today as Forex market participants anticipate an interest rate cut by the Reserve Bank of Australia tomorrow. The Australian central bank will hold a monetary policy meeting tomorrow. Most analysts expect the bank to decrease the main Cash Rate to 4.50 percent from the

The Great Britain pound dropped today as the outlook for the nation’s economy was pessimistic today, damping demand for the sterling. The pound sometimes considered a refuge from the problems in Europe as traders flee to the currency from the euro. It looks like today traders were more concerne

The Great Britain pound gained this week against the dollar and the yen as the optimism caused by the revelation of the plans to battle the sovereign-debt crisis in Europe damped demand for safer assets. That same optimism allowed the euro to outperform the pound. The weak started with the doubts

The Swiss franc gained as the problems in Europe made traders flock to the currency, even though it’s hard now to be consider the Swissie a ”safe currency” after the euro-peg was implemented by the central bank. That peg was likely the reason the franc wasn’t been able to rise against the eu