FOREX PRO WEEKLY REPORT January 27-31, 2014

Monthly Emerging market currencies were battered on Friday as global investors scrambled for shelter from a broad financial markets sell-off by buying dollars, yen and Swiss francs. The Japanese yen surged to a seven-week high against the dollar, while the Swiss franc touched a four-week peak against the euro as U.S. stocks tumbled and safe-haven Treasuries gained. "The adjustment process is … [Read more...]

FOREX PRO WEEKLY November 18-22, 2013

Monthly So, as Reuters reports The safe-haven dollar and yen fell on Friday after Federal Reserve Vice Chair Janet Yellen lifted investor appetite for riskier assets by defending the U.S. central bank's current stimulus measures. Yellen, speaking at her confirmation hearing before the Senate Banking committee on Thursday to take over from Fed Chairman Ben Bernanke, said the Fed will keep its … [Read more...]