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Currency Trade News

Housewives Show A Yen For Trading To Net Riches

Saturday June 23, 2007
JAPANESE housewives, pensioners and other amateur traders are borrowing record sums to buy high-yielding currencies such as the Australian dollar, in a speculative splurge that is prolonging a slump in the yen.

Steer Clear Of Japan, Unless You Have A Yen For Undervalued Currency

Tuesday June 19, 2007
YOU have to pity anyone with a stash of yen to sell. A year ago the Japanese currency would have bought about $A1.17, or US86?. Now, you'd be lucky to get 96? Australian, or US81? (see graph).

Rbnz Moves To Protect $nz

Tuesday June 12, 2007
THE Reserve Bank of New Zealand has intervened in the foreign exchange market to cap the level of the NZ dollar for the first time since the currency was floated in 1985.

Rate Rise Likely As $a Hits 17-year High

Thursday June 7, 2007
THE Australian dollar has ended almost three-quarters of a US cent higher, after stronger than expected economic growth data powered the currency to a 17-year high.

Demons Must Go The Trade Route

Saturday June 2, 2007
They are big-name players, but the Dees need to look at trading them for future success