3 Dollar Trades Powered by the Fed

Clear-cut guidance from the Fed with regards to the tapering of asset purchases essentially marks an unofficial bottom for the US dollar against the euro, yen, and other currency counterparts.

Clear-cut guidance from the Fed with regards to the tapering of asset purchases essentially marks an unofficial bottom for the US dollar against the euro, yen, and other currency counterparts.

EUROPEAN SESSION UPDATE: The German Zew survey rose more than expected despite Bundesbank expectations for a summer economic slowdown; Yen declines along with Nikkei…

NEW YORK: The US dollar climbed against the yen for the first time in five sessions on Monday, as stock markets rallied on expectations the Federal Reserve’s policy announcement this week will reassure investors that monetary stimulus will remain in place.

The U.S. dollar climbed against the yen for the first time in five sessions on Monday, as stock markets rallied on expectations the Federal Reserve’s policy announcement this week will reassure investors …

It’s shaping up to be a make-or-break week for the US Dollar and Japanese Yen.

The Japanese Yen tumbled as traders speculated the Federal Reserve will prove to be in no hurry to reduce stimulus efforts at this week’s policy meeting.

The US dollar lost ground against all the major currencies over the past week. The yen (3.5%) and New Zealand dollar (2.0%) led the pack against the greenback

Dollar Suffers Critical Yen and Euro Break, But is It Fatal? It was a standoff between the US dollar and S&P 500, and the greenback lost…for now.

The yen crosses were one foot into a serious bearish breakdown before the strongest US equity rally this year revive the troubled carry trade…

A rebound in risk trends through Thursday’s New York session prevented critical breakdown for USDJPY and other yen-based crosses. But, how long can the BoJ keep bullish momentum running?