Yen gains on US jobs data
Story link: Yen gains on US jobs data

The yen gained on the US dollar and the euro after the US Labor Department reported that initial jobless claims were up last week.
New claims for unemployment checks were at 542,000 last week, many more than expected and the most in a week in 16 years.
Meanwhile, the yen also gained on the Australian dollar and […]
Euro strengthens versus USD
Story link: Euro strengthens versus USD

The euro was stronger versus the US dollar Wednesday on further signs that the US economy is in a recession.
New data showed that US consumer prices dropped 1 percent in October, more than expected, while in the same month US housing starts fell to an annualized rate of 791,000.
In late morning trade in New York, […]
Yen helped by Japan recession news
Story link: Yen helped by Japan recession news

The Japanese yen was stronger Monday on the chance that falling equities markets will send investors toward safety and away from risky currencies investments.
The news that Japan’s economy is now in recession was seen as good news for the yen, as economic weakness will also likely discourage investors from using the yen to finance […]
Yen stronger as US bailout plans change
Story link: Yen stronger as US bailout plans change

The Japanese yen gained on the euro and other currencies Wednesday on a mid-course change in US bailout plans, as announced by US Treasury Secretary Henry Paulson.
The Treasury is abandoning plans to use the $700 billion in bailout money approved by Congress to buy up bad assets and instead will use the money to buy […]
Yen see gains
Story link: Yen see gains

The Japanese yen gained in relation to a number of currencies Tuesday after the euphoria over China’s announced stimulus package receded, sending equities markets lower and scaring investors away from risky currency trades.
The gains also came ahead of a meeting of the G20 nations - Australia, Argentina, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, […]
Yen weakens on China stimulus package
Story link: Yen weakens on China stimulus package

The yen weakened Monday on a return to interest in carry trades after China announced a stimulus package worth 4 trillion yuan ($586 billion) over the next two years, much of which will be spent on infrastructure improvements in China.
By later in the New York session, however, the yen had made back some of its […]
Jobs data sends US dollar lower
Story link: Jobs data sends US dollar lower

The US dollar was weaker Friday after the Labor Department reported that 240,000 jobs were lost in the United States in October, more than expected.
1.2 million jobs have been lost since the beginning of 2008, with over half of the losses coming in the past three months.
The Labor Department also reported that the unemployment rate […]
USD declines on uncertainty, jobs reports
Story link: USD declines on uncertainty, jobs reports

The US dollar declined versus the euro, the pound and the yen after the US election results as investors remained unsure about how President-elect Barack Obama will approach the financial crisis and amid speculation about who Mr. Obama will select as his Treasury Secretary.
The greenback was also hurt by a private report showing that employers […]